£400 A Day Tax
- Thread starter albert
- Start date
Say £4000 per day
5 days per week is a gross salary of 1M per year (give or take).
According to this: http://www.i-resign.com/uk/financia...GrossSalary=1000000&radAge=1&txtStudentLoan=0
It should be around £1800 per day in tax.
Of course, if you are earning 1M a year, you would have an accountant, bit of tax fiddling (within the law of course!) trusts setup etc.
5 days per week is a gross salary of 1M per year (give or take).
According to this: http://www.i-resign.com/uk/financia...GrossSalary=1000000&radAge=1&txtStudentLoan=0
It should be around £1800 per day in tax.
Of course, if you are earning 1M a year, you would have an accountant, bit of tax fiddling (within the law of course!) trusts setup etc.
Caporegime
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- 18 Oct 2002
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Drug dealer with a front business so he can put down "some" money as an income, pay some tax, and have an answer for how he buys a house/car etc. The rest of the money gets spent on things taxman can't track easily or at all, nights out, hookers, holidays and things. You can book some crap holiday in say Vegas in a cheap hotel, but when you get there pay cash for an awesome room and more hookers, drugs, booze and gambling.
He could be doing something where his basic pay is, well around £800 a day and that is the rate he's taxed at but once a month, year, whatever he gets his commission pay or whatever else which is massive, one off tax payment. So he's giving you his pay as it evens out over time, but only his "normal" tax payments.
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Soldato
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Yes.
Soldato
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more hookers, drugs, booze and gambling Till the wheels fall off 
I'm not a massive tax genius, but I'd imagine if you earn £4k per day you can afford a pretty decent accountant who could do all sorts of fun and games with your income.
I've got a lot of friends who are daily rate contractors, I *think* the more efficient of them do something along the lines of minimum wage, quarterly dividends which then pay less tax, etc
You certainly wouldn't be paying close to 40% tax if doing things these ways.
I've got a lot of friends who are daily rate contractors, I *think* the more efficient of them do something along the lines of minimum wage, quarterly dividends which then pay less tax, etc
You certainly wouldn't be paying close to 40% tax if doing things these ways.
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Sounds like a lot of nonsense. The first 3 are GEO's, but 2 are duplicated?:
EMA: Europe, Middle east, Africa (Guess)
CEEMA: Central & Eastern Europe, Middle East & Africa
LAT: Latin America
Then you have the others:
AM: Account Manager?
BRM: Business Relationship Manager?
Unless im wrong i cant see this being a million pound job.
Soldato
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- 15 Feb 2011
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well, if he fancies throwing some money my way i'd be very happy, seeing that i'm going to be in £30k+ debt after uni
