Anybody work in Payroll or Tax Expert?

Discussion in 'Lounge' started by dave d, Apr 22, 2015.

  1. dave d

    dave d Elite Member

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    In a nutshell sold some shares that needed tax/national insurance the gross was £3200 and I paid £962 Tax surely that's way too much thought tax rate was 20% so I reckoned on just over £600 anyone enlighten me please.
     
    #1 dave d, Apr 22, 2015
  2. mikesouthby

    mikesouthby Active Member

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    I'm no expert but remember NI is in addition to the 20% tax.
     
    #2 mikesouthby, Apr 22, 2015
  3. dave d

    dave d Elite Member

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    #3 dave d, Apr 22, 2015

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