euan2020 Posted October 17, 2014 Share Posted October 17, 2014 We don't earn that much mate, but we don't pay UK tax. I'm kinda the same - My Company thought they would be charging me 22% Hypo Tax (Hypothetical Tax ) but i read the policy and took advantage and only pay them 10% Hypo Tax. Quite few of the guys at my work pay no Hypo Tax or claim Double Taxation agrement for working in Algeria, Libya, Angola etc and even though in uk more than 90 days can offset their tax good money when they are on £100K including bonuses in the 1st place - so doesnt need to be a topline number to get there Quote Link to comment Share on other sites More sharing options...
Marky Posted October 17, 2014 Share Posted October 17, 2014 I'm kinda the same - My Company thought they would be charging me 22% Hypo Tax (Hypothetical Tax ) but i read the policy and took advantage and only pay them 10% Hypo Tax. Quite few of the guys at my work pay no Hypo Tax or claim Double Taxation agrement for working in Algeria, Libya, Angola etc and even though in uk more than 90 days can offset their tax good money when they are on £100K including bonuses in the 1st place - so doesnt need to be a topline number to get there I live in Jersey. Flat rate of 20% regardless of how much your earn. Until about 3 years ago it was even less, but they pulled a lot of allowances. Still, cannae complain. Quote Link to comment Share on other sites More sharing options...
Wibble Posted October 18, 2014 Share Posted October 18, 2014 IHAVE NOOT! Quote Link to comment Share on other sites More sharing options...
.thumb.jpg.5eeaf0fbe501ba3c868c32fd77caef1f.jpg)
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.