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Paying tax in grinds

dory · 2006-06-11 20:50:09

Does anyone know, do teachers pay 42% tax on grinds? Seeing as they've alreay earned the cut off for paying at the lower rate. Or is it normal for them to keep it all? I'm still in college, so not planning on tax dodging myself! Just wondering if it's possible to make good money from giving grinds.

11-06-2006 8:50pm

#1

dory

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Does anyone know, do teachers pay 42% tax on grinds? Seeing as they've alreay earned the cut off for paying at the lower rate. Or is it normal for them to keep it all?
I'm still in college, so not planning on tax dodging myself! Just wondering if it's possible to make good money from giving grinds.

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Comments

#2 14-06-2006 4:49pm

spurious

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They pay tax on grinds if they declare it.

Most people doing grinds that I know deal in cash and I really doubt they declare it, but if they did, yes, they'd pay at 42%, like people do for correcting, superintending and other exam work.

The catch with the exams though is you've no choice as to declare it or not, they tax you at source. With grinds, you have a choice.

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