Can anyone explain how Work Tax is calculated please?
For example - I have a holding company in Poland where the WT is 2% and the Average Wage is £146.08
Under the old WT method I would have Polish CS and the WT would be 2% of £146.08 = £2.92
However I am being charged £3.63
This cannot be UK's WT rates because that would be 4% of £131.97 = £5.28
So it must be a combination of the two, but what?
It's not 80% of Poland's WT and 20% of UK's because that would be:-
80% of 2% of £146.08 = £2.34
20% of 4% of £131.97 = £1.06
That's only £3.40
Is there something obvious that I am missing here?
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