I am currently working for a global company on a temp basis but working at least 40 hours a week. They have recently started taxing me 25%. I have read that this is only for individuals working 22 hours or less a week. how true is this ant what can I do??
Often companies withhold taxes for freelancers at 25% and if more tax is owed when you submit your tax return that will be up to you to pay in. A company can apply to withhold more or less then the 25%, but this is the standard amount held for PAYE.
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