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So if I was to earn 50000 euros (i.e. ~ 42,000 pounds) I'd have to pay 40% tax on 42,000 - 9,000 = 33,000 pounds? Which would mean I'd have to pay around 13,000 pounds in tax leaving me with 29,000 pounds net?
Thank you very much! So how does the self allowance factor into this? That would only happen if I'd have less than 9,440 pounds net left, I suppose?
In any case that's pretty much what I needed to know.