This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Search found 2 matches

Go to advanced search

by Cogsy_1976
Tue Aug 13, 2019 12:36 pm
Forum: Income Tax
Topic: Monthly tax deduction from salary
Replies: 3
Views: 7976

Re: Monthly tax deduction from salary

Thank you, no basically I get commission for every bit of business I do, I sometimes have a fair bit in reserve so previously was taking £1k per month but there was more available to me so I had been taking more, I was just thinking of the most tax efficient way of drawing it really that was all.
by Cogsy_1976
Sun Aug 11, 2019 5:27 pm
Forum: Income Tax
Topic: Monthly tax deduction from salary
Replies: 3
Views: 7976

Monthly tax deduction from salary

Ok question here, I get a base salary I think of around £28k but also get paid commission which I usually take £1k per month which puts me below the high rate tax threshold. However last couple of months I have taken say £2k which if you look at over a year puts me into the high rate tax threshold. ...

Go to advanced search