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Tax on shift allowance

waterboy99 · 2008-10-21 00:19:14

Hi Can someone tell me how much tax do we pay on shift allowance is 20% or 41%?? Thanks

21-10-2008 12:19am

#1

waterboy99

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Hi

Can someone tell me how much tax do we pay on shift allowance is 20% or 41%??

Thanks

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Comments

#2 21-10-2008 7:41am

Nody

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I'd wager you pay the same tax as on any other income (i.e. if you are above the 20% band you pay 41% irregardless how you earned it).

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#3 21-10-2008 11:06am

The_Conductor

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Nody wrote: »

I'd wager you pay the same tax as on any other income (i.e. if you are above the 20% band you pay 41% irregardless how you earned it).

Correct.

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#4 21-10-2008 11:14am

AARRRGH

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Yes, the tax office doesn't care whether or not you work shifts - they just want a % of your total income.

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