How Does UK Tax Work? | Income Tax Explained | PAYE

This is awesome info! Question for you. I started working in the UK (casual work) in September 2022. The Tax year is over in April as you mentioned. I believed that the tax was paying (being calculated and coming out of my pay), I should see the majority of that money back. What does this process look like? I never received anything back and I don't even know how I would get it back.

Thank you for this . This is solid info

How does it work when you have an employed job and at the same time a self employed?

Part 2 please ❤

Watching from india your teaching method is very good

To Joe,
Thank you.
Yours sincerely,
A very confused lady

You lost me too complicate...😅

Thanks for the info. Except if you're not getting any reward from your work besides monetary, it's time to look into better options ❤

This was very helpful, thank you ☺️

Im currently 15, lets say in the future i earn say 35k a year, but i set my business up in a country with 0% tax such as dubai, does that mean i have to pay 40% tax because i live in the uk or does it mean i pay 0% cos my funding is going through dubai

You could have use a board to explain

Excellent explanation, and a great video too !

Great video Joe 👍🏾

How do you survive in the UK with just 12,000 yearly? Is that even possible? Just out of curiosity..

Please do i have to apply for a tax refund or they automatically refund d excess?

You are a brilliant young man. thank you. Word perfect, perfect diction. x

Man my gross wage in a year is £25600 per year. When should i start paying tax? Should I start paying tax in my first salary or after earning the £12,570 (personal allowance). I hope youll answer me. Thanks Joe.

good video, thanks for sharing this. I'm working on learning about money and becoming financially independent.

Thanks 😊

You should not pay tax on inheritance who the fuck even has the authority to steal wealth like that and we allow it

Very helpful video man, i did not know half of that

Malayali 🎉

Oh u r a bron teacher!
Excellent explanation

great thank you for communicating it clearly.

Thanks for being out here teaching the real facts we need 🙏

How much will cut wen i work for two employer's..

I can pay for your time if you can get in touch please

How would I go about getting taxed? I know it sounds silly but I've not been getting taxed for the last three months at my new job and it's rather concerning.

You do not look like a Joe.
(Hopefully no offence taken)

Very good explanation.

Questions? ..if your not working any more not earnering enough to pay tax anymore ....But if you give clothes to charity shops etc ...you can gift ad ...if you pay tax....We all pay tax on everything we buy ! So yes I pay tax ...so maybe rules need to change ....XXX

hey i worked over the summer and made nowhere near £12.5k. Was wondering why i got taxed over £500? Is there a way to get this back and what kind of tax is this?

Thanks mate, you made everything clear👍🏻

Great uploads..question.. if I'm self employed and working for an employer can I obtain the zero rate tax allowance for up to 12500 or will they start taking tax straight away from wages..

Good presentation! I have one doubt, as a nurse i earn 2000 a month after deductions, so in an year i earn 24000!!! Is that my earning or 2600 ( includes paye and NI) in to 12 months 31200? My total earning for the financial year will be 2400( the money after deductions) or 31200 without deductions? Just want to know what’s my total earning in year as per HMRC, do they calculate all the money i am paid or the take home is considered as my earning?

Great info. What happens if one was doing two jobs paying say 30k each?

As tax specialists we have to say, there's some great explainers here!👍

American taxes: What is the rotation of the donkey compared to a 9 sided pentagon when cheez its = 5% and pillows = y/sin times ♾

But something doesn't make sense I earn gross monthly of 3800 but I get net of 2700. So, i am being charged 2000. Because 45-11 is 34,000 so 34 x 0.2 should be 14.5% but current I am being taxed at 19% (45-32K X 0.2).

My guy

so does that mean everyone is paying the same £7600, if they’re earning up to or over the 50k bracket. (Not including the tax included past that threshold)

mashallah

I get paid weekly and, because of overtime, I will be creeping over £50000 at week 49. What happens then? How much tax will I pay in those last few weeks? Any help will be appreciated.

I wonder: if you work for the tax company, then do the tax collectors pay taxes too? Where do the tax payer’s taxes go or do they get off Scott free?

Long time i want know . you are excellent I learnt loads thank you

Great stuff
You just answered the nagging question on my mind

Great info thanks. I recently started a new job with commission and was worried that if I earned over 50k for the year I would get taxed 40% tax on the whole amount so I have been under performing to keep it under 🙄 glad I watched this now.

American here. Hiya so they do the taxes for you then. Interesting we get are taxes taken from our checks but also they make us apply to do taxes each year. This sounds so much more simple.