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I'd suggest you look at the video then…...
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Ok with you… so using the Employment Allowance you can have a combined salary of £80k between two employees and as it’s salary CT due will decrease
Assuming 2 employees
EA = 10,500
NI = 15%
10,500 / 0.15 = 70,000
70,000 + 2 x 5,000 = 80,000...Last edited by Andy2022; 21 January 2025, 23:05.
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