What you really pay on the 20p tax rate
The basic rate of tax is the 20p rate, right? Wrong. By the time you add in Employer's and Employee's National Insurance and Student Loan repayments, the average employee on a salary between £23,000 and £42,000 is paying almost 50p in tax. 20p? Hardly.
10:22 AM 24, Oct 2016 Harry Fairhead
10:10 AM 18, Oct 2016 The TaxPayers' Alliance
12:58 PM 14, Oct 2016 Sunny Chen
9:16 AM 13, Oct 2016 The TaxPayers' Alliance
1:00 AM 13, Oct 2016 The TaxPayers' Alliance
2:41 PM 12, Oct 2016 Tom Banks