I thought I'd add to this old thread instead of starting a new one. I received my first PPL payment tonight, my employer is paying it through payroll, and from what I can work out I've been taxed approximately 40% - this can't be right, can it?
Maybe they're classing it as a second income??? I know you can only claim the tax free threshold on one 'job'. Or maybe if you are also being paid a high income from your employer it has pushed you up into the next tax bracket???? I'd ask just to make sure.....
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