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MargaretR · 12-03-2008, 15:27

The changes to PAYE tax bandings were announced previously will mean quite a lot of people will be paying more.

All earnings above the tax allowance will be taxed at 20%, whereas before there was an interim band at 10%.

This will not affect me because the over 65s tax allowances have been increased to compensate for it.

12-03-2008, 15:27	#19
MargaretR God Member Join Date: Mar 2007 Location: c l m Posts: 12,362 Blog Entries: 4 Liked: 518 times Rep Power: 68671	Re: Fags & Booze Up The changes to PAYE tax bandings were announced previously will mean quite a lot of people will be paying more. All earnings above the tax allowance will be taxed at 20%, whereas before there was an interim band at 10%. This will not affect me because the over 65s tax allowances have been increased to compensate for it. __________________