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Showing posts with the label income tax

Interesting Fact - Taxes - Podcast

The higher rate tax threshold in the UK will be lowered in April 2011, from £37,000 to £35,001. (This means there will be around 750,000 more taxpayers facing 40 per cent income tax on a portion of their earnings. That's the bad news. The good news is that half a million low earners will no longer pay any income tax. I guess how you react all depends on which end of the pay scale you are.)

Interesting Fact # 907 - Corporate Tax

Corporate tax in Ireland is a mere 12.50%. (Compared with the UK - 28%, Germany - 30% and France - 34.43%. In Ireland the income tax for an individual is between 20% and 41% for the top earners. I wonder if you can set yourself up as a corporation?)