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[-] Saeculum@hexbear.net 2 points 8 months ago

Sort of - if you earnt 13k then you would be taxed down to 10k.

If you earned 13k , then you'd only pay tax on the £250 you've earned above the personal allowance no?

As far as I understand it, it's not that you don't pay taxes so long as you make less than the personal allowance, it's that the first £12750 you make is untaxed regardless of how much you make until you make more than £100k.

[-] MaoTheLawn@hexbear.net 2 points 8 months ago

Oh shit yeah

So true

this post was submitted on 28 Nov 2023
148 points (100.0% liked)

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