Video explainer: How do deductions work?
Last Updated on 23 September 2024
This video uses out-of-date percentages for tax and NI rates. But the principal of what happens when is unchanged.
If you work for someone else they will make deductions from your pay if you’re paid PAYE.
If you’re self-employed you sort out the deductions yourself. This video explainer looks at how the money flows.
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Posted on 02 August 2021
