This was really helpful, thanks. Might be worth adding though, that somtimes your tax code means you get less/more than £12500 tax free, so this should be an input which can be used in the formulas, rather than manually entering 12500
I really don't like the way this is structured. There are three tax brackets yet you only include two in your total? if you're earning £200,000 you cant see how much you're paying in each bracket.
Thank you so much, this is exactly what I have been looking for. Very clear. Will have a look at your other videos now. Thank you again
I'm glad it helped, thanks for watching!
This was really helpful, thanks. Might be worth adding though, that somtimes your tax code means you get less/more than £12500 tax free, so this should be an input which can be used in the formulas, rather than manually entering 12500
Just quick asking , are you gone make it one for 2024 - 2025?
Thanks
Thanks for this video it's very helpful. Do you happen to have a tutorial which calculates the income tax on both other income and dividends combined?
Can this example be downloaded
How can I work out my monthly tax contribution ?
Thanks
why is if the total income is 120000 pounds, the taxable rate is 45 percent based on your formulas?
Hi I want learn us taxation and accounting
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I really don't like the way this is structured. There are three tax brackets yet you only include two in your total? if you're earning £200,000 you cant see how much you're paying in each bracket.