Crosswords6 mins ago
Tax
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Im trying to work out whether I'm a higher rate tax payer? I currently earn �35,000 basic but on top of this I get �1,200 Mortgage Subs �300 for Lunches and �2000 annual Bonus (approx)?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Thanks - Maybe you could help me on another matter... I have been offered the chance to purchase shares through my company and I have been told it is of benefit to me as the amount I purchase comes directly out of my salary thus I do not pay 40% tax on them. As im borderline Im not sure how this can be. Am I not just saving basic tax on them - do you know how this is all worked out? Many Thanks!