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by rbanffy
1055 days ago
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As far as I remember (I used to be Brazilian) the tax is applied to the difference, so 20% is discounted from the maximum for the 20% bracket, and 27.5% (and, boy, I wish I only paid 27.5% tax here) is applied to the difference. Or am I misremembering? Maybe it's taken from the payslip, but returned with the yearly adjustment (which could make sense) |
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You might get the difference back when you filed taxes? I’m pretty sure my payslips discounted 27.5% though.
And yeah, I also miss 27.5% tax. Ireland’s 52% marginal tax rate makes me sad every time.