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Income tax question

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Old 23-02-2006, 04:10 PM
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OldSkoolRS
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Default Income tax question

How much do you have to earn per annum before you get taxed at 40%?

Am I right in saying that there lowest bands are 22% and then 44%?
Old 23-02-2006, 04:20 PM
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Redkop
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http://www.hmrc.gov.uk/rates/it.htm
Old 23-02-2006, 04:23 PM
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OldSkoolRS
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Cheers mate!

Just trying to work out how much my unwanted company car is costing me to see if its worth opting out.
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