How little do you need to earn to still have to pay tax? - Corsa Sport - for Vauxhall and Opel Corsa B, Corsa C and Corsa D

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alan-g-w

Member

Registered: 9th Nov 07
Location: Glasgow
User status: Offline

28th Feb 11 at 17:53

Hello, not sure if this is the right section but here goes.

I was working for a company last year for 6 months as a self employed contractor working through an agency. The agency handled my tax and NI contributions for the period of time I was working there, the normal PAYE set up.

My question is, what is the cut off amount for me to be able to claim tax that I paid back? ie - purely for talking's sake, if the cutoff was £60,000 and everyone that earned less than that in the year got 100% of their tax back, what is the actual figure? Or is it not as easy as that?

Any help would be much appreciated

John

Member

Registered: 30th Jun 03
User status: Offline

28th Feb 11 at 18:06

6370ish.

Mad Moe

Member

Registered: 14th Jun 01
Location: Northumberland
User status: Offline

28th Feb 11 at 18:08

Personal allowance for 10/11 tax year is £6475

alan-g-w

Member

Registered: 9th Nov 07
Location: Glasgow
User status: Offline

28th Feb 11 at 18:34

Well that's that idea out the window, cheers anyway lads.

Member

Registered: 10th Sep 03
User status: Offline

28th Feb 11 at 20:22

There's a monthly limit of about £1100 too?

whitter45

Member

Registered: 15th Nov 02
Location: Norton
User status: Offline

1st Mar 11 at 15:39

£6475

36k ish then it becomes 40% tax

If you earn more than £539ish a month you will pay tax on the amount over it

[Edited on 01-03-2011 by whitter45]

Robbo

Member

Registered: 6th Aug 02
Location: London
User status: Offline

1st Mar 11 at 16:24

unless you lodge a P38(?) form sayign you wont get paid over the limit and then you pay not ax