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Steve-H · 30-05-2008, 05:09 PM

Hi Brian

The figure of £36,000 is after your personal tax allowance so add the two together to get the point where you start paying 40%. If you are on £5435 personal allowance add £36000 means you can earn total income of £41435 before you hit 40%.

30-05-2008, 05:09 PM	#4 (permalink)
Steve-H Senior Member Join Date: Mar 2005 Location: Midlands, UK Posts: 135	Re: 40% tax bracket is £36000? Hi Brian The figure of £36,000 is after your personal tax allowance so add the two together to get the point where you start paying 40%. If you are on £5435 personal allowance add £36000 means you can earn total income of £41435 before you hit 40%. __________________ Steve Company Formation UK Company Registration ~ Company Registration Online 24-7 ~