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SubjectDon't forget "National Insurance" Reply to this message
Posted byMarv
Posted on09/16/06 08:53 AM

> > What is your income tax over there?
> It depends, the different tax laws are a mess.
> (The numbers below are not 100% accurate, but from the top of my head)
> In the UK, it's tiered. You pay nothing for some first amount, 20% for another
> amount, and if you make enough per year, 40% on anything remaining. If you're
> married every person has to pay their own part depending on their income. Like
> in the US, taxes are usually retained from your paycheck and you file a tax
> return to get money back.

We also pay about 8% National Insurance at the same time they take out the 20% income tax. Nominally, it's supposed to cover things like health and unemployment benefit, but it's all tax. On top of those taxes, there's a Council Tax, which is at a local-authority-set-level, based upon the value of your home.
(Plus import duties, taxes on petrol, having a car, additional taxes on alcohol and cigarettes...)

Entire Thread
Subject  Posted byPosted On
*Wii price in US - $249. Wii price in UK - $335. FUCKNUTS -nt-  Marv09/15/06 09:16 AM
.*Ah well, expected  LordEvilElmo09/16/06 07:42 AM
..*One more fuckage...  Marv09/16/06 08:29 AM
...*Re: One more fuckage...  LordEvilElmo09/16/06 09:08 AM
....*Re: One more fuckage...  Marv09/16/06 05:09 PM
.....*Re: One more fuckage...  LordEvilElmo09/17/06 08:37 AM
.*don't forget VAT - makes a lot of difference (mt)  newsdee09/16/06 02:18 AM
..*19% tax is an arse raping  jajig09/16/06 03:25 AM
...*Re: EU tax laws are a mess  newsdee09/16/06 08:44 AM
.....Don't forget "National Insurance"  Marv09/16/06 08:53 AM
.*$399 in AUS -nt-  jajig09/16/06 01:26 AM
.*Where did you get that info?  Death Knight09/15/06 10:25 AM
..*From tha interweb  Marv09/15/06 10:54 AM
...*1gbp = 1.88usd  lux_9288609/16/06 01:05 AM
...*SUCKERZZZZZZZZZZZZZ -nt-  SatsuNoHiTo09/15/06 04:57 PM