10-27-2003, 02:01 AM
I agree with sumaaan. I also noted that most of people who decide to go to UK just for the sake of getting good salary and they donât take into account the taxes charged, accommodation, travel expenses and food etc. UK tax rates are quite high. They asses tax as following
1) Tax free pay £4615 you can take this amount without paying any tax per year
2) £o -- £1920 Lower rate Tax you have to pay 10% income tax on that amount excluding NIC
3) £1921 -- £29,900 Basic rate Tax you are eligible to pay 22% tax excluding NIC
4) Over £29,900 Higher rate Tax you have to pay 40% income tax and 10% NIC (total 50%).
You can get job here in UK but its not easy. You have to work hard here, you have to manage everything your own.
Therefore you should consider above facts before making any decision.
1) Tax free pay £4615 you can take this amount without paying any tax per year
2) £o -- £1920 Lower rate Tax you have to pay 10% income tax on that amount excluding NIC
3) £1921 -- £29,900 Basic rate Tax you are eligible to pay 22% tax excluding NIC
4) Over £29,900 Higher rate Tax you have to pay 40% income tax and 10% NIC (total 50%).
You can get job here in UK but its not easy. You have to work hard here, you have to manage everything your own.
Therefore you should consider above facts before making any decision.
