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Maths / pension / tax question

1 reply

Strawberryfieldsforeverrr · 12/12/2023 13:44

My brain just can't get to the answer.

I earn 50k, work 0.8 so my salary is 40k. I pay 11% pension contributions.

I occasionally do overtime, how much can I earn before paying higher tax?

Is it 15k ish?

Sorry if this reads like an A Level question 😅

OP posts:
Squiggles23 · 12/12/2023 18:25

Yes I think just under £15k before you are on 40% tax. It will just be 40% on anything above £50,270 though.

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