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Ask HN: How much do you make in London?

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Re: Ask HN: How much do you make in London?

#94

Throwaway for obvious reasons. No degree. Around 10 years experience in Network Security. - BigCo - Permanent position - Cloud stuff - £66k plus bonus et al which pumps it up to around £88k

Adding some important things:

- Stock

- Up to 10% pension match

- I work from home most of the time (got a little kid, so I can enjoy more time around him)

Re: Ask HN: How much do you make in London?

#98

For comparison, in Devon. Full stack senior developer, 20 years experience, full time - £42K.

(kind of off topic) considering a move? considered riverford.co.uk? if so fire me your CV...

Riverford is hiring? Oh that's funny. Could be fun to work where I buy my veggies.

Re: Ask HN: How much do you make in London?

#99
post #20

Semi-related question: How do you calculate taxes in UK? Is the base of the tax the salary offered by companies in job offers? I mean, with say £60k job offer, do I pay tax from £60k? (with the last £17k being taxed at 40%)?

Nope, you pay tax on the full amount. Each taxpayer has a personal allowance (currently £11,000 generally, but this varies) on which no tax is paid; a rate of 20% applies to income between £11,000 and £42,000, a rate of 40% on income between £42,000 and £161,000, and a rate of 45% above that.

[deleted]

Re: Ask HN: How much do you make in London?

#100
post #20

Semi-related question: How do you calculate taxes in UK? Is the base of the tax the salary offered by companies in job offers? I mean, with say £60k job offer, do I pay tax from £60k? (with the last £17k being taxed at 40%)?

Nope, you pay tax on the full amount. Each taxpayer has a personal allowance (currently £11,000 generally, but this varies) on which no tax is paid; a rate of 20% applies to income between £11,000 and £42,000, a rate of 40% on income between £42,000 and £161,000, and a rate of 45% above that.

Don't forget you start to lose the personal allowance at 100k, so someone earning earn between 100k and ~122k has a top rate of 60%
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