How do you figure out your marginal tax rate?
Over a month ago -
Harrow and Hillingdon , London, England
Website -
https://www.dnsassociates.co.uk/blog/marginal-tax-rate-uk-definition-calculation
To discover your effective tax rate, add up the numbers of the differing tax rates to obtain a single amount. Divide that number by income to decide your average tax rate. Marginal Tax Rate: A simple way to think of marginal tax rate is to define it as the rate you would pay on a fictional extra income dollar. Read more on DNS Accountants.