2006-10-16 07:32:58 · 9 answers · asked by Big Sis 2 in Business & Finance ➔ Taxes ➔ United Kingdom
Assuming no benefits or allowances (other than personal allowance) in your tax code - ie a PAYE code of 503L - your monthly gross salary is £4,166.67, tax £978 and NICs £275 - leaving you net monthly take-home pay of £2,913.67.
Any variations in your tax code (benefits like car, PHI etc or deductions like pension contributions) will affect this.
2006-10-16 12:10:58 · answer #1 · answered by guido74 3 · 0⤊ 0⤋
complicated without knowing your circumstances BUT in the UK , you can expect the take home pay to be about two thirds, and the tax man gets the rest.
This theoretic person probably takes home around 2777 a month, unless he/she has a good accountant and can find some loopholes (like pension contributions)
2006-10-16 14:48:14 · answer #2 · answered by Not Ecky Boy 6 · 0⤊ 0⤋
All depends upon your tax free pay allowance to be honest.
As a very broad rule of thumb - just over 1/3 would be about average tax/ni to pay.
2006-10-16 14:36:27 · answer #3 · answered by spiegy2000 6 · 0⤊ 1⤋
Between £ 15k and £20k,depending on your circumstances. Generally £ 50k pr.ann. puts £ 600 a wk in your sky .
2006-10-16 14:45:24 · answer #4 · answered by redjonjak 2 · 0⤊ 1⤋
Around 14000, but depnds on your personal situation.
2006-10-18 12:45:01 · answer #5 · answered by rollingergrund 2 · 0⤊ 0⤋
Dont know but I am sure if you found a good accountant it would be less
2006-10-16 14:38:15 · answer #6 · answered by cassie s 2 · 0⤊ 1⤋
the higher band
2006-10-16 14:42:56 · answer #7 · answered by Anonymous · 0⤊ 1⤋
alot
2006-10-16 14:42:04 · answer #8 · answered by rachel b 1 · 0⤊ 1⤋
I THINK it's 17.5%
2006-10-16 14:40:24 · answer #9 · answered by ren_cub 2 · 0⤊ 1⤋