How much tax I will pay in United Kingdom?

Last activity 29 May 2019 by Cynic

757 Views

1 replies

Post new topic

galilleoMember29 May 2019 04:35:43

Hi guys,

I am living in Lithuania but because of our economical circumstances I am thinking of leaving country. I am young and ready to work.

I don;t have friends or relatives here, so I have a saving ready to support myself. I found a job in car factory which I am ok with. But on top I want to work as a bartender to have less free time and earn more money until I will build up my stability.

My question is how taxes works in UK? I tried this tax calculator it gives me the numbers but I don't get how it's calculated. Sorry if my question is weakly formatted, but I just have no idea. I header gossips that if I work two jobs taxes will 'kill me'. But gossips are gossips, that;'s why I am here to get an proper answers.

CynicUK / Netherlands Expert29 May 2019 06:17:32

7631

Hi and welcome to the Forum.

Tax rates are as follows:

Band    Taxable income    Tax rate
Personal Allowance Up to £12,500    0%
Basic rate    £12,501 to £50,000 20%
Higher rate    £50,001 to £150,000 40%
Additional rate    over £150,000    45%

So, up to £12,500 you pay no tax, income between the above figures is taxed at the rate stated. On top of this, assuming you're an employee, you will pay 13.8% National Insurance and then on top of that is local Council taxes.

This online calculator (link) is, in my opinion, about the best there is.

Hope this helps.

Cynic
Expat Team

Articles to help you in your expat project in England

Tax in the United Kingdom
Regardless of your residency status, it's important to note that, based on your situation, you may be required ...
Work in Brighton
With over 275,000 people, Brighton is a popular destination among expats from all walks of life. Once you visit ...
Accommodation in London
With a surface area of 1,572km² and thirty districts to choose from, London has thousands of homes available ...
Dating in the UK
Dating in England is a blend of tradition and modernity, where meeting people in social settings and contemporary ...
Things to bring when moving to the United Kingdom
Are you concerned about what you should bring during your relocation to the UK? Many expats don't give this a ...
Top things to do in London
No matter what your definition of fun is – get ready to feel active, inspired, and creative in London. ...
How to meet people in the UK
Meeting new people in the UK as a newly arrived expat is easy. However, if this is your first experience living ...
Making phone calls in the United Kingdom
The very competitive United Kingdom communications market made of many telephone network operators, offering ...