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money
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What is the tax slab in UK like?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Income tax is based on annual earnings not monthly and it doesn't have to be in the form of a salary. your earnings are set in to levels the limits change each year but currently you have a level at which you pay 0%, 20%(savings interest Only), 22%, 32.5% (dividend supplement for higher rate tax payers) and 40%