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62% (This consists of 40% income tax on the GBP 100k–125k band, an effective 20% due to the phase-out of the personal allowance, and 2% employee National Insurance). The marginal rate then drops to 47% for income above GBP 125k (45% income tax plus 2% employee National Insurance) [ 242 ] [ 243 ]
R160,001–R250,000 R28,800 plus 25% of the amount above R160,000 R250,001–R346,000 R51,300 plus 30% of the amount above R250,000 R346,001–R484,000 R80,100 plus 35% of the amount above R346,000 R484,001–R617,000 R128,400 plus 38% of the amount above R484,000 R617,001 and over R178,940 plus 40% of the amount above R617,000
Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. [ 2 ]
[11] According to Central Intelligence Agency , "budget surplus (+) or deficit (-) records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit).
This is the map and list of European countries by monthly average wage (annual divided by 12 months), gross and net income (after taxes) for full-time employees in their local currency and in euros.
The rate was increased in 1917 during World War I. [25] The top marginal tax rate was reduced to 58% in 1922, to 25% in 1925 and finally to 24% in 1929. In 1932 the top marginal tax rate was increased to 63% during the Great Depression and steadily increased, reaching 94% in 1944 [ 26 ] (on income over $200,000, equivalent of $2,868,625 in 2018 ...
£8.70 stg per hour (US$11.60) for those aged 18+ £8.25 per hour (US$11.00) for those aged 17–18. [95] 1 Jan 2021 Guinea: The labor code allows the government to set a minimum hourly wage; however, the government has not exercised this provision except for setting the minimum wage for domestic workers at FG 440,000 (US$62) per month. [10] 48 ...
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