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For example, I earn so much money per year that I'm above the basic tax allowance. Let's say I'm €500 over it. Will only the €500 be taxed, or will the entire amount be taxed?
(2 votes)
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Only the amount above the allowance.
You need the GFB to survive, so he can’t be taxed.
Of course, just what’s above the amount.
Only above the amount of the allowance