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0 pointslozenge3y ago0 comments

They did say it includes taxes, maybe they are including a 3% pension contribution or even Employers' NI which can run to 12% of salary.

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blowski3y ago

The taxes I mentioned are part of the cost of running an office - especially local government taxes ("rates" in UK parlance).

The £9K figure _doesn't_ include taxes on individuals, such as NI and pension contributions. That comes from a different budget, and is typically an extra 25% on top of salary.

benj1113y ago

25%?

Employer NI contributions are ~1/2 that. What other taxes do employers inccur?

blowski3y ago

I lumped a few costs onto that, which aren't taxes, but are tied to salary. Pension contributions, life insurance, health insurance, for example - these all come out of the same budget as national insurance contributions.

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blowski3y ago

The taxes I mentioned are part of the cost of running an office - especially local government taxes ("rates" in UK parlance).

The £9K figure _doesn't_ include taxes on individuals, such as NI and pension contributions. That comes from a different budget, and is typically an extra 25% on top of salary.

benj1113y ago

25%?

Employer NI contributions are ~1/2 that. What other taxes do employers inccur?

blowski3y ago

j / k navigate · click thread line to collapse