30th June 2009
Most people have heard of folks getting tax refunds, otherwise known as a “tax rebate” or “claiming tax back” but what does it mean? A tax refund is a payment made by the HM Revenue & Customs (the new name for the Inland Revenue) to someone who ha...
30th June 2009
In the UK you will pay 22% income tax on earnings above £2231 and 40% on any earnings over £34,600.
If you're a PAYE (Pay as You Earn) worker, such as a receptionist or a teacher, your employer will deduct these taxes from your earnings. If you're sel...
