I understand that the 40% tax threshold begins at 31,400
Is that total earnings of 31,400 or 31,400 of earnings above your personal allowance?
In my case 4,740
Hence 31,400 + 4,740 = 36,140
Thanks
Bruno
- posted
19 years ago
I understand that the 40% tax threshold begins at 31,400
Is that total earnings of 31,400 or 31,400 of earnings above your personal allowance?
In my case 4,740
Hence 31,400 + 4,740 = 36,140
Thanks
Bruno
Above the total of all your allowances.
thanks alec
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