Wage Tax?

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liamt

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I have just renewed sturridges contract with liverpool and he wanted 76k pw but i biught it down to 72k pw and it said wage after tax = 32k pw. What does that mean? Where does the tax go? Am i paying him 72k pw to him or 32k pw? Someone please explain.

Cheers
 
You're paying him £72k p/w, he's getting £32k p/w after he's paid the tax (to the government).
 
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