Tax!!!
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Re: Tax!!!Data taken from www.direct.gov.ukYou pay Income Tax on:
* your wages if you're employed
This tax year (2006-2007), the basic personal allowance - or tax-free amount - is £5,035.
Income Tax is only due on taxable income that’s above your tax-free allowances.
You will earn £3,065 more than the non taxable income for 2006-2007 tax year, so you will have to pay £416.30 by my reckoning.Last edited by Daragh; 16-07-2006 at 21:26.