[Gllug] VACANCY: Junior Systems Support

[Peter Corlett]

On 9 Sep 2009, at 16:59, Hari Sekhon wrote:
[...]
> The point is that the incentive is reduced once you reach a certain
> level because with 40% PAYE Tax + 18.5% National Insurance (Tax) it
> becomes a steeper uphill struggle to increase your take home pay.


Where do you get that 18.5% figure from?

The marginal rate of Class 1 National Insurance contributions is 1%  
for higher-rate taxpayers (modulo some very strange tax codings).  
Employer contribution remains at 12.8%.


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