Higher Rate Relief What’s It All About

For the year 2015/16 tax a higher-rate taxpayer is actually someone who earns a lot more than £42, 385.

If you’re a higher-rate taxpayer the taxman enables you to claim your higher-rate tax relief whenever you submit your taxes return. Alternatively, if you’re a company worker, higher-rate tax alleviation can be supplied immediately by decreasing the tax paid in your salary via your own PAYE code.

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