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Author Tax
DanielJ
Member
Registered: 21st Nov 01
Location: gwent, south wales
User status: Offline
26th Feb 05 at 19:09   View User's Profile U2U Member Reply With Quote
what percentage tax would i be looking at on a 715 a month salary
Rebrabuk
Member
Registered: 28th Mar 04
Location: North East
User status: Offline
26th Feb 05 at 19:16   View User's Profile U2U Member Reply With Quote
22%? Standard rate isn't it?
Hagger
Member
Registered: 6th Mar 04
Location: Hull
User status: Offline
26th Feb 05 at 19:17   View User's Profile U2U Member Reply With Quote
you will get paid about £600 after tax and n.i probaly
Ally
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Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
26th Feb 05 at 19:18   View User's Profile U2U Member Reply With Quote
basric rate of 22%
DanielJ
Member
Registered: 21st Nov 01
Location: gwent, south wales
User status: Offline
26th Feb 05 at 19:19   View User's Profile U2U Member Reply With Quote
fooking hell thats abit steep
DanielJ
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Registered: 21st Nov 01
Location: gwent, south wales
User status: Offline
26th Feb 05 at 19:20   View User's Profile U2U Member Reply With Quote
22% is taking like 157 quid off me that cant be right surely
Rebrabuk
Member
Registered: 28th Mar 04
Location: North East
User status: Offline
26th Feb 05 at 19:21   View User's Profile U2U Member Reply With Quote
It is..
DanielJ
Member
Registered: 21st Nov 01
Location: gwent, south wales
User status: Offline
26th Feb 05 at 19:23   View User's Profile U2U Member Reply With Quote
there aint much point in me working an extra 18 hours a week for an extra 150 quid a month if it is 22% off at the end of the month

[Edited on 26-02-2005 by DanielJ]
Rebrabuk
Member
Registered: 28th Mar 04
Location: North East
User status: Offline
26th Feb 05 at 19:26   View User's Profile U2U Member Reply With Quote
It'll just be 22% off a smaller wage then..
DanielJ
Member
Registered: 21st Nov 01
Location: gwent, south wales
User status: Offline
26th Feb 05 at 19:27   View User's Profile U2U Member Reply With Quote
i cant get my head round it i got an old pay sliep here, 503 quid pay and they took 22 quid
DanielJ
Member
Registered: 21st Nov 01
Location: gwent, south wales
User status: Offline
26th Feb 05 at 19:30   View User's Profile U2U Member Reply With Quote
dont matter i got it sorted i'll prob be looking at like 60 70 quid a month
Ian
Site Administrator

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Registered: 28th Aug 99
Location: Liverpool
User status: Offline
26th Feb 05 at 19:34   View Garage View User's Profile U2U Member Reply With Quote
22% but you're only taxed on what you earn above your allowance, which is normally about 4 grand.

Work out your yearly income, subtract 4 grand and you'll be taxed 22% of that. Divide that by 12 and that is your monthly stoppage.
Sam
Moderator
Premium Member

Registered: 24th Dec 99
Location: West Midlands
User status: Offline
26th Feb 05 at 20:29   View User's Profile U2U Member Reply With Quote
http://www.i-resign.com/uk/financialcentre/tax_calculator.asp

Type in your gross salary in there and it works out a breakdown for you.
Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
26th Feb 05 at 20:39   View User's Profile U2U Member Reply With Quote
+ 10% NI
DanielJ
Member
Registered: 21st Nov 01
Location: gwent, south wales
User status: Offline
26th Feb 05 at 21:01   View User's Profile U2U Member Reply With Quote
cheers sam, 50 quid tax 35 NI

 
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