If dentists earn around £70,000 a year how much do they pay TAX?
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I heard that the more you earn a year, the more money you unfortunately have to give away to tax. Also I was wondering how much you have to pay tax if you earn 20,000, 30,000, 40,000, ...show more
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Answer:
on £70k it would be around £22k in Tax and NI but the chances are he would be self employed in a Limited Company so he would pay corporation tax instead. have a look at http://www.thesalarycalculator.co.uk/salary.php
5T7PXVXHP4P5J45HWHYQ6NNA7I at Yahoo! Answers Visit the source
Other answers
Yeh, dentists don't earn £70,000 p.a. So, don't even worry about that.
PlanB™
How much you pay in tax depends on your earnings and your tax code How much YOU will pay depends on how much you are earning
Jan409
Free tax and National Insurance calculator on gov.UK. Free and official. Bear in mind all proffesionals claim a huge allowance for Professional Subscriptions (hidden savings scheme), pension contributions (worth 40%), plus the industrial freebies under "conferences" on a beach etc.
Petrusclavus
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