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£146,714 Net pay £37,625 Tax the employer pays £103,286 Tax you pay
Total tax paid £140,911 Did you know your employer also pays tax on your salary? It costs the employer £37,625 to pay you £250,000. In other words, every time you spend £10 of your hard-earned money, £5.64 goes to the government. Real tax rate 49% So, with you and the employer both paying tax, what used to be a 41.3% tax rate now rises to 49%, meaning your real tax rate is actually 7.7% higher than what it seemed at first. (责任编辑：) |
