Hi all,
My umbrella company have quoted that I pay a 46% tax rate:
- 12% Employees NI
- 20% Income Tax
- 13.8% Employers NI (Is this not like paying for somebody else's tax?!)
- 0.5% Apprenticeship levy (umbrella company also provided little explanation for this one)
Absolutely happy to pay tax but this seems outrageous to me! Who is legally accountable if my tax is wrong? Surely that's what I'm paying the umbrella for..
At this rate I can earn more in a cafe in Australia, what's the point...
My umbrella company have quoted that I pay a 46% tax rate:
- 12% Employees NI
- 20% Income Tax
- 13.8% Employers NI (Is this not like paying for somebody else's tax?!)
- 0.5% Apprenticeship levy (umbrella company also provided little explanation for this one)
Absolutely happy to pay tax but this seems outrageous to me! Who is legally accountable if my tax is wrong? Surely that's what I'm paying the umbrella for..
At this rate I can earn more in a cafe in Australia, what's the point...
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