paye tax 603l
09-10-2008, 02:42 PM
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paye tax 603l
how do you work out what tax you should be paying?
ie what percentage per pound?
thatnks in advance.
09-10-2008, 02:43 PM
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09-10-2008, 03:58 PM
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cheers mate.thats the one i forwarded on to my mate but he says it aint adding up with his wages.
anyway thanks.
09-10-2008, 04:02 PM
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take about a 1/4 of ur wages and that should be a good guess for tax and natinal insurance
09-10-2008, 04:03 PM
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it means you get £6301 per year TAX FREE...you will get taxed on the rest of your wages minus this amount
09-10-2008, 04:15 PM
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Quote:
Originally Posted by
DanCossie
it means you get £6301 per year TAX FREE...you will get taxed on the rest of your wages minus this amount
..yeh but it doesn't work like that..u dont start in April and pay nothing untill 6k....u still pay every week (unless it's ur first job or been out of work)
09-10-2008, 04:25 PM
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All it means is you take the 6k off your total earnings for the year and thats what you get taxed on.
09-10-2008, 04:26 PM
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I normally deduct 30% from my gross salary per month and this usually allows for tax, NI and pension contributions
HTH
09-10-2008, 04:36 PM
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Quote:
Originally Posted by
pete mcrash
..yeh but it doesn't work like that..u dont start in April and pay nothing untill 6k....u still pay every week (unless it's ur first job or been out of work)
surely anyone with an ounce of common sense would be able to work that one out Pete
09-10-2008, 04:38 PM
09-10-2008, 04:39 PM
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Multiply your "On top" income by "0.73" which should give you a rough idea of what you should take home
09-10-2008, 04:42 PM
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Quote:
Originally Posted by
DanCossie
........not if like i said..........it's ur first job..........
11-10-2008, 12:53 PM
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Quote:
Originally Posted by
DanCossie
Thanks for that link Dan
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