Being taxed too much by umbrella company

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Guest replied

26 March 2005, 15:53
That sounds way too much for £12 per hour. Who's your umbrella company?
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Guest replied

25 March 2005, 23:27
Do you mean PAYE + NI?
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Guest started a topic Being taxed too much by umbrella company

25 March 2005, 13:07
Being taxed too much by umbrella company

Hi,

I have a funny feeling I am being taxed way to much by my umbrella company.
Their explanation is that I have used up all my allocated allowences for this year, but my taxation has been at about 35-40% over the past two months.

I earn £12 an hour, and it hurts losing all that money at the end of each month.
I am thinking of moving to parasolIT, had a few recommendations.

I mean does it sound right being taxed at such a high level, my yearly earnings must be about 23k.

Thanks

Leigh
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