Discuss Tax query advice in the Plumbing Jobs | The Job-board area at PlumbersForums.net
9% on profit is correct. It's paid on any income over £8000.0 don't forget your class 2 NI £2.80 a week . Normally paid by direct debit.I am going to chat with an accountant once I find one locally but it seems a lot to pay 20% tax then 9% NI as well?
So if my weekly wage is £600 before deductions I actually take home £434 after tax and national insurance? Am I correct?
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