PassionFord - Ford Focus, Escort & RS Forum Discussion

Notices
General Car Related Discussion. To discuss anything that is related to cars and automotive technology that doesnt naturally fit into another forum catagory.

INCOME TAX - how much before pay more

Thread Tools
 
Search this Thread
 
Old 04-02-2005, 10:38 AM
  #1  
St3V3_C
PassionFord Post Whore!!
Thread Starter
 
St3V3_C's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 9,582
Received 43 Likes on 37 Posts
Default INCOME TAX - how much before pay more
As above really, how much can you earn before going onto the higher rate?
St3V3_C is offline  
Reply Like
Old 04-02-2005, 10:39 AM
  #2  
Ian M500COS
I've found that life I needed.. It's HERE!!
 
Ian M500COS's Avatar
 
Join Date: Sep 2003
Location: Gloucester
Posts: 1,080
Likes: 0
Received 0 Likes on 0 Posts
Default
41k I think
Ian M500COS is offline  
Reply Like
Old 04-02-2005, 10:39 AM
  #3  
gurnE
PassionFord Post Whore!!
 
gurnE's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 6,478
Received 0 Likes on 0 Posts
Default
http://www.inlandrevenue.gov.uk/rates/it.htm

More than I earn
gurnE is offline  
Reply Like
Old 04-02-2005, 10:40 AM
  #4  
gurnE
PassionFord Post Whore!!
 
gurnE's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 6,478
Received 0 Likes on 0 Posts
Default
That figure of £31,400 is taxable income as well so add your personal allowance to it.
gurnE is offline  
Reply Like
Old 04-02-2005, 10:41 AM
  #5  
St3V3_C
PassionFord Post Whore!!
Thread Starter
 
St3V3_C's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 9,582
Received 43 Likes on 37 Posts
Default
Originally Posted by gurnE
Yea, and me

£31,400 - thanks GurnE
St3V3_C is offline  
Reply Like
Old 04-02-2005, 10:41 AM
  #6  
JAP CRAP
PassionFord Post Whore!!

 
JAP CRAP's Avatar
 
Join Date: Jun 2003
Location: *PF TERRORISTS CARTEL* Bin flocking Youngens :cry:
Posts: 6,814
Likes: 0
Received 0 Likes on 0 Posts
Default
as above but obviously you dont pay 40% on 100% of your earnings, just 40% on the amount you earn over 31k...

I used to be a tax advisor, cant remember fook all now though
JAP CRAP is offline  
Reply Like
Old 04-02-2005, 10:43 AM
  #7  
gurnE
PassionFord Post Whore!!
 
gurnE's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 6,478
Received 0 Likes on 0 Posts
Default
Originally Posted by St3V3_C
Originally Posted by gurnE
Yea, and me

£31,400 - thanks GurnE
No probs, I'm sad enough to have that page bookmarked
gurnE is offline  
Reply Like

Trending Topics

Old 04-02-2005, 10:44 AM
  #8  
St3V3_C
PassionFord Post Whore!!
Thread Starter
 
St3V3_C's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 9,582
Received 43 Likes on 37 Posts
Default
I've got to ask why?
St3V3_C is offline  
Reply Like
Old 04-02-2005, 10:48 AM
  #9  
gurnE
PassionFord Post Whore!!
 
gurnE's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 6,478
Received 0 Likes on 0 Posts
Default
Originally Posted by St3V3_C
I've got to ask why?
I'm a technical adviser for a life office mate. Much boredom
gurnE is offline  
Reply Like
Old 04-02-2005, 10:54 AM
  #10  
St3V3_C
PassionFord Post Whore!!
Thread Starter
 
St3V3_C's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 9,582
Received 43 Likes on 37 Posts
Default
Originally Posted by gurnE
Originally Posted by St3V3_C
I've got to ask why?
I'm a technical adviser for a life office mate. Much boredom
Ok then, as long as you do need it for work.

You and my accountant wife should have loads to talk about
St3V3_C is offline  
Reply Like
Old 04-02-2005, 10:56 AM
  #11  
gurnE
PassionFord Post Whore!!
 
gurnE's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 6,478
Received 0 Likes on 0 Posts
Default


How's the new house anyway?

I'll have to pop in for a beer once your settled in
gurnE is offline  
Reply Like
Old 04-02-2005, 10:57 AM
  #12  
St3V3_C
PassionFord Post Whore!!
Thread Starter
 
St3V3_C's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 9,582
Received 43 Likes on 37 Posts
Default
Originally Posted by gurnE


How's the new house anyway?

I'll have to pop in for a beer once your settled in
Going well at the moment mate, and you are more than welcome as soon as you like
St3V3_C is offline  
Reply Like
Old 04-02-2005, 10:58 AM
  #13  
B19-TRB
Professional Waffler
 
B19-TRB's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 25,180
Likes: 0
Received 0 Likes on 0 Posts
Default
House is the fookin bombay!
B19-TRB is offline  
Reply Like
Old 04-02-2005, 10:59 AM
  #14  
St3V3_C
PassionFord Post Whore!!
Thread Starter
 
St3V3_C's Avatar
 
Join Date: May 2003
Location: Bristol
Posts: 9,582
Received 43 Likes on 37 Posts
Default
Originally Posted by B19-TRB
House is the fookin bombay!


And thanks again for helping me last night mate
St3V3_C is offline  
Reply Like
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
***Sold*** Sierra Cosworth 4X4 For sale ***Sold***
abz474
Cars for Sale
9
01-11-2015 06:53 PM
What sort of money being realistic.
Rsmat
General Car Related Discussion.
89
12-10-2015 07:50 AM
How much for cash?
Neil Clark
General Car Related Discussion.
21
01-10-2015 07:02 PM
Tax question
atm
General Car Related Discussion.
2
07-09-2015 05:39 PM
Back to Subforum
General Car Related Discussion.
View Next Unread
Need to buy a snap off steering wheel in the North West...




Advanced Search
Quick Reply: INCOME TAX - how much before pay more


Reply Closed Thread Share
Forum Jump

All times are GMT. The time now is 05:36 AM.