Re:Employers will do almost anything to find workers except ...
by jermaustin1 on Wednesday July 11, 2018 @09:31AM
(#17506678)
>Then there's VAT syphoning an extra 20% of the remaining cash.
UPTO 20% of what you SPEND. In the UK you pay 0% VAT toward most food and child stuff. Then 5% toward essential goods and services. THEN full VAT on the rest of the stuff.
But that doesn't equate to 20% of your remaining cash unless you are only buying pre-prepared foods and furniture with your salary, and spending every bit of it.
UPTO 20% of what you SPEND. In the UK you pay 0% VAT toward most food and child stuff. Then 5% toward essential goods and services. THEN full VAT on the rest of the stuff.
But that doesn't equate to 20% of your remaining cash unless you are only buying pre-prepared foods and furniture with your salary, and spending every bit of it.