Steve Melnikoff

United Kingdom

Age: 37

I'm an embedded software engineer for a technology company.

2d
comment What is tax form SA2002, in the UK
Could you clarify: are you trying to find a place to live? If so, by "realtor", do you mean "letting agent"? If so, have they said why they need tax information from you, e.g. as proof of income?
Nov
5
awarded Popular Question
Oct
28
revised Why do film studios buy domains of fictitious companies?
Typos, etc.
Oct
15
comment Renting Out A Spare Room UK
This question is quite specific, so if you don't get a comprehensive answer here, you might want to try asking it on property118.com instead.
Oct
14
reviewed Approve suggested edit on Why is ā€˜iā€™ in milk pronounced differently from ā€˜iā€™ in find?
Oct
14
revised What is the fundamental difference between the Democratic Party and the Republican Party?
Typos, etc.
Sep
30
awarded Explainer
Sep
30
awarded Explainer
Sep
30
awarded Explainer
Sep
24
awarded Autobiographer
Sep
24
awarded Autobiographer
Sep
24
awarded Autobiographer
Sep
16
revised If Scotland had become independent, what would have been its political system?
Grammar, etc.
Sep
13
comment as you will - meaning
It can mean that, but not in this context.
Sep
12
awarded Editor
Sep
12
revised What do I lose by not booking flights through a travel agent?
Typos, etc.
Sep
8
comment What is the oldest law still in force?
As mentioned in a comment above, I'm limiting this to states' specific, written statutes. In particular, that means laws definitively made by people, rather than handed down by a deity.
Aug
20
revised UK Contractor with Limited Company
Added UK tag.
Aug
20
comment UK Contractor with Limited Company
Also, with your current scheme, it's not quite true that you would pay 45% after the first £37k, as corporation tax is paid on the company's profits after any salaries have been deducted. So if you take an amount of money as income, you'll pay income tax on it, or if you leave that amount in the company account, you'll pay corporation tax on it - but not both. (See, for example, here.)
Aug
20
comment UK Contractor with Limited Company
"I would pay around 20% tax on 32k then about 40% thereafter": no you wouldn't. You would pay nothing on the first £10k (personal allowance), then 20% on the next £32k (or the remaining £27k in your case).
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