UK Income Tax Explained (UK Tax Bands u0026 Calculating Tax)

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Title	:	UK Income Tax Explained (UK Tax Bands u0026 Calculating Tax)
Lasting	:	9.54
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Views	:	27 rb

Two things: The Queen was not harmed in the making of this video Yes, I know I put too much milk in my tea
Comment from : That Finance Show

thank you, this was very funny and it helped a great deal
Comment from : Magic for wiseguys

I loved the Elizabeth jokes
Comment from : Manikin LDN

If you earn £200,000 As you explained there are no personal allowances yet you only tax £37,000 @ 20 percent Yet the first applicable bracket would be £50,270 ? brShouldn’t it be 20 percent on the £50,270 ?
Comment from : Phil Stone

When the mafia robs you it's illegal When the queen robs you you worship her
Comment from : Chuckle Honeybear

So in other words try and get your employer to pay you £12,500 a year and the rest is cash in hand
Comment from : ToOld ToPlay

Can someone explain to me the last example please?
Comment from : DanielleT192

I'm here in the philippines, someone want to send money for me from UK May I ask, should I pay any tax?
Comment from : Rubie Organista

Great video mate! Liked and subbed 👍
Comment from : Leo Wong

Do people under 21 not pay tax
Comment from : ronica bonquisha

just get to the point
Comment from : Kinan Ballagh

Comparing the US versus the UK see who's easier
Comment from : Mr Claus

Should've studied accountancy Oh wait, my mathematical skills aren't up to par
Comment from : Insha

Do you offer financial advice? on a personal level?
Comment from : TRACEY JARVIS

Good video thanks! I managed to take a massive hit this past tax return, all I ever thought was "20 20" not taking into account national insurance and my student loan 😕😭
Comment from : Steve Brooks

I wish we learnt this in school 😂😂😂😂
Comment from : Natacha DeAlvez OFFICIAL

Dear Sir,brbrIf you do not mind, I would like to ask for information regarding the tax refund when leaving the UK To be more precise, how much tax would I be entitled to claim in the event I worked full time for four months in this tax year and decided to leave the UK in march 2023 The total payment on P45 is £9657,06 and my income tax is £957,40brbrThank you
Comment from : amr haikal

Could someone explain one thing for me please? Why is it when I check my payslips from the beginning of the financial year (those within the personal tax allowance) do I see tax deductions?
Comment from : holeydel

Thats why we all came here😂 daaaamn guys daaamn
Comment from : Pascuci

Why wouldnt you put tax and Ni in the same video Its essentially the same thing
Comment from : Dan

That website at the end was a god emperor recommendation, thank you!
Comment from : Henselt Brumbleburg

is it £37,500 or £47,500? I did £60,000 - a personal allowance of £12,500 and got £47,000 I'm not good at maths and I'm trying to do an assignment where I calculate tax, is there a written formula I can use?
Comment from : COOKII KING

Examples are all good but might have been useful to just show the brackets in plain numbers before diving into scenarios Good video though cheers!!!
Comment from : ozone063

Due to the unecessary blasphemy on the video I will not subscribe to your channel
Comment from : Michelle A

Hello my contract is 37 hours per week but I wanted to 40 hours overtime every week how much tax gonna be please anyone help me my pay rate 1019
Comment from : bikshapathi Jilla

Brilliant video! The sublte uses of witty humour and clear use of examples makes it more interesting and successful to learn
Comment from : O J

Thanks for the information! it's very clear and easy to understand the calculator website is useful, i like it a lot! But may I ask how can I apply the tax refund?
Comment from : chim chim

Thanks for sharing about music as it was interesting
Comment from : Clive Lawrinson

So high the tax payments in Uk
Comment from : Angela Maryam

Tom, what is the best way to maximise your earnings with taxes?
Comment from : sport231

I get paid weekly and, with overtime, I will be creeping over the £50000 barrier on week 49 What will I pay in the remaining weeks? Will it affect how much tax I pay the following year?
Comment from : Peter Murphy

Less jokes more straight to the point info, I had to force myself to watch all this
Comment from : J S

Great video! Would be nice to see a similar video on how extra jobs change things, and more about capital gains tax :)
Comment from : Ben Farrar

i just learned how to calculate tax in less than 10mins because of you i have been struggling for monthsthank you
Comment from : Chinedu Ogbu

Could you explain where students lie and any advice, thanks a bunch video helped a lot
Comment from : Bilal S

Nice! Great video and content
Comment from : Joyce Luna

Benje - Our Journey To Financial Freedom

Great video on taxes bro , a topic not enough people have a good grasp on and really like your video style too! New like & sub 👏🏾👍🏾
Comment from : Benje - Our Journey To Financial Freedom