So who's got the biggest take after tax.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Tax Rates
Collapse
X
-
Tax Rates
27in a brolly and take approx 60%3.70%1in a brolly and take approx 70%14.81%4only wufftas use brollies22.22%6have a Ltd and take 80%29.63%8have a Ltd and take 85%3.70%1in jail for tax evasion11.11%3on social security7.41%2a permie wermie7.41%2Last edited by BlasterBates; 12 January 2006, 14:56.I'm alright Jack -
-
-
-
-
-
If you think that if you are a permie you cannot fraud taxes you should have a trip to Italy. I have heard of so many strategies... simulating a marriage separation and let the wife take the residenceship somewhere else, fake support of some invalid members of your family , charity work and donations to some business owned by relatives and so on....Originally posted by BlasterBatesQuoi
I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
-
Do you live on that Pikey estate up the road?Originally posted by FranckoIf you think that if you are a permie you cannot fraud taxes you should have a trip to Italy. I have heard of so many strategies... simulating a marriage separation and let the wife take the residenceship somewhere else, fake support of some invalid members of your family , charity work and donations to some business owned by relatives and so on....Comment
-
yes Franco but do you have tax withheld at source for permies in Italy? In many European countries, it is not (unlike the UK), and therefore as easy to cheat if you're a permie as if you're a contractorChico, what time is it?Comment
-
If you are from the tax office the answer is yes.Originally posted by PhoenixDo you live on that Pikey estate up the road?
Yes, Rebecca is withheld at source (with the exception of the last year calculation which is normally like 1 month salary that goes off in taxes which you can avoid - it's rather complicated actually) but you can get a credit at the end of the year which will be very valuable as long as you don't have the immediate need for it. Yes, some countries can do without that because the tax evasion has been historically very low, I wonder if they only introduced that in Italy or in UK what would happen...
I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- How IR35 inflated an £8.5bn consultancy bill — and tests Burnham at the Budget Aug 28 07:47
- Autumn Budget 2026: FCSA’s 5 contractor asks of John Healey Aug 27 04:15
- Andy Burnham's Zoom gripe doesn’t apply to IT contractors, say recruiters Aug 26 03:41
- Check your Loan Recall paperwork for the Isle of Man: it could matter Aug 25 03:27
- Budget 2026: Contractor advisers ask for ‘IR35 reset’ Aug 24 04:57
- Why might an umbrella company fail to pay its total tax bill to HMRC? Aug 18 06:08
- Contractors, here are the late payment fixes that the Lords just turned down Aug 17 08:03
- How will HMRC's Direct Debit plan affect contractors paying VAT and PAYE? Aug 13 23:54
- HMRC's new 'reckless' tax offence: an IR35 game-changer for contractors? Aug 13 13:50
- “I’m not a Machiavellian overlord”: Adrian Sacco breaks his silence on the Contractor Loan Recalls Aug 13 06:50

Comment