A Fool and His Money

For those who earn under 50 or 70 thousand pounds a year, there is some good news for you. At the end of this year you will pay less tax on your earnings for next year and (if I’m correct), the next year also.

The lower you earn, the greater will be you tax decrease.

This is good news right? Well I’ve heard from my sources that for someone earning around £20,000 a year, it will be a saving of around £400 in the year.

Now is that really a big decrease? Per month, that works out to be around an extra £33.33 an tax is around £200 for a month.

Now you tell me, is this a joke?

Related Information:
Does your company require a Tax Accountant
international audit firm russellbedford.com

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