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20% and 40% tax UK rate questions.
20% and 40% tax UK rate questions. Right I'm aware that amounts over £50,271 will be taxed at 40% so my questions is. My basic is £45,000. 9 months of the year I will earn between £1,200 and £2000 in commission a month. Do I get taxed 40% straight away or when I get my first commission month and then averaged out? I'm looking to add extra into my pension to bring it back down to...
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