Originally Posted by
Arclite01
United Kingdom/ 0-45% /GBP 27,600/ 20% (basic rate after personal allowance of £10,600)
I haven't looked at the other countries, but (as you say) these figures ignore other 'income' taxes deducted from the payroll - eg National Insurance, and Pension
The UK bands are as follows:
£0 - £8,164 = 0.0%
£8,164 - £11,500 = 12.8% (NI + pension)
£11,500 - £45,000 = 32.8% (standard rate tax, NI + pension)
£45,000 - £145,000 = 42.0% (higher rate tax, lower rate NI, no more pension)
£145,000+ = 47.0% (additional rate, plus lower rate NI)
Note: between £100k-£123k it effectively becomes 62.0% as the tax-free allowances are tapered away
These figures are, of course, then "adjusted" by a variety of allowances (eg for pensions) and tax-credits