Virgin take home pay
Join Date: Jan 2001
Location: uk
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Aye grab a few £'s in tax but spend ££££'s checking all those receipts. typical of the British Goverment tying the country up in red tape. Just like this new milage tax who is going to check and collect, at the moment done nicely by the fuel companies. Get rid of complications keep it simple and costs down.
Join Date: Dec 1997
Location: Suffolk UK
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Allowances are taxeable in VS, and they have already been taxed when you get them. Inland revenue assume you will spend 75% of them and tax at 22% of the remaining 25% is deducted at source and paid by the company.
Blimey! Are the taxmen going soft? Sorry about the mis-information. A bit out tof the loop.
However, can anyone confirm the IR's tax proposals? I remember reading about them a year or two ago but have heard nothing since.
However, can anyone confirm the IR's tax proposals? I remember reading about them a year or two ago but have heard nothing since.