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Old 26th May 2007, 12:07 AM
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Re: US minimum wage to get $2 boost

Quote:
Originally Posted by bwhhisc
What is the overtime laws in England. In US it is 1.5 after 40 hours.

Also, what is your take home percentage of pay for single workers.
78% of every dollar earned. The more kids you have the higher it goes up.
I tried to explain that if you have a lot of kids you actually get you wages topped up so it often much more than 100%.

Single allowance is £8670 a year. So most single people on minimum wage would only pay income tax on less than one fifth of their salary, so effectively they would be paying about 5 - 6% income tax. There is also National Insurance but at these levels it would not be much, somewhere around 6 or 7 percent I guess. So at the lowest levels even without kids it seems you are more heavily taxed on much lower levels of pay.

Overtime rates vary but a standard week is 37 hours and most people will get increased rates over that but it varies. Nobody is in theory is obliged to work more than 48hrs is theory but many do.
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