COVID-19 — Coronavirus

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When they said they'd pay up to 80% of wages, I assumed they meant that would then be taxed to be honest.
 
Whatever site you’ve just used, it’s wrong.

You don’t pay £5,000 in basic tax plus national insurance on a £25k annual wage.

That means that person has no personal allowance.

Earn £25,000 gross in 2019/2020 and you'll take home £20,538. This means £1,711 in your pocket a month.

Over the year you'll pay £2,498 income tax and £1,964 in National Insurance.

ie your total tax would be circa 20% (if we call NI a tax, which it isn’t, in terms of basic income taxation, it’s contribution towards your state pension qualification and the NHS)

That’s why I’m asking if this 80% thing is then taxed. Because if it’s not, it’s basically the same net pay people would have received before.

Yes mate it is subject to tax and NI as normal.

https://www.accountancydaily.co/government-pay-80-salary-furloughed-workers
 
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