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if i earn £5000 a year what percentage of tax should i pay
How much tax do I pay if I earn 8000 a month
1,500.00
every one has to pay tax its the law there is always a amount that will get paid as tax out off you wage
120 000
if i earn £5000 a year what percentage of tax should i pay
How much tax do I pay if I earn 8000 a month
1,500.00
every one has to pay tax its the law there is always a amount that will get paid as tax out off you wage
To answer your question, the taxes you pay on the money you earn (salary, income) is called income tax.
120 000
Tax should be 13%
it is tax you pay on wages you earn
All you owe.
There is no average income tax rate in America; income tax rates are determined by how much you earn. For example, if your taxable income is below $8500, then you will only need to pay 10%, while if you earn above $38000, then you will need to pay 35%.
17,000
If you are single and earn $1,000 a month during a year, you will fall into the 15% tax bracket. Which means you will pay $150 a month in taxes. This will be adjusted based on number of dependants and other items.