Sort of.
My DP and I were just chatting about a potential promotion he'll be going for in the next 2 years and it got me thinking about salaries and tax etc.
I think I'm being totally thick, and if someone could correct me that would be helpful 😂
Would someone at £44k a year (tax 21%, we're in Scotland) be in the same financial position as someone on £55k a year (41% tax) ??
I worked this out by taking 44k minus 11.5k and taking away 21% then adding the 11.5k back on, same with the 55k...
So because of the tax banding would the two salaries bring an equal amount home giving there are no unusual tax circumstances.
Thanks in advance if you made it this far through the waffle!
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To be totally thick and not understand salaries...
15 replies
StormcloakNord · 11/08/2018 14:30
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