"My understanding is you pay the rate applicable to what your earnings are. So if your a lowly paid P/Person earning 26000 p/a you would pay normal rate."
Personally I dont think 26k is that low, in fact for many it's a good salary.
Ok. This thread was about paying tax.or more precisely the reluctance at having to pay tax.
My contribution was to agree with those sentiments and how they affect me.
I am more than willing to discuss what in my case is a well documented salary scale. I havn't met anyone yet that didnt believe they should be paid more.
I believe (and accept) others on here probably wouldnt want to discuss or disclose a) what their salary is, and b) whether their role justifies it.
Im sure theres an ongoing thread relating to tube train drivers? £30,000, ill have some of that!
I may be wrong here, but I thought Jason was refering to the fact that he has to pay his tax bill. This would mean he is self employed and not on P.A.Y.E. That would also be the first part of it, the second part due in July. Its not the amount, its the time of year and the fact that you could have had a fantastic year last year. Then go and have a crummy year this year. But unlike those on P.A.Y.E. He has got to pay his tax plus 50% more based on predicted profits. (based on last years accounts). So you see, he ends up paying the taxman in advance of his earnings.