Quote:
Originally Posted by Unregistered
Yup. Guess UK TC wins but the tax is a killer (how do you even get a banded rate of up to 40%?) I am absolutely appalled at their high income tax. NQ to NQ, the present Part B + PTC means it is one year. UK TC/SQE 2 years, LPC is one year full time. That's 3 years (correct me if I'm wrong).
So properly computed, Part B + PTC (1Y) = 2 Year SQE + 1 year LPC. SG NQ takes 1 year, UK takes 3 years hence UK NQ = 2 PQE for SG.
This *might* change in future. Who knows.
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UK NQ seems now comparable to some of the top SG local rates post-tax.
I think London firms should move up their pay to cover rent and tax at least for foreign hires. Then again, if rent were an issue, it might be less competitive to hire a foreigner as opposed to a Londoner.