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income deductions and taxes

Posted by weegaz223 - Created: 6 years ago
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1 reply

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Posted by ChristopherL-188542 - 6 years ago

It is simple and complicated at the same time.
In principle, you are taxed on the nett which is post-deductions. but there are several complications around allowable deductions which are far too difficult to explain here. Perhaps the best thing to do is a real and accurate simulation of your tax liability given all your personal conditions. To do so, have a look at the official simulator here;