UK Tax: How much will they take off me when I start working?

Question

I am disabled and have never been able to work due to my disability.

My health is getting better and am almost in a position to start applying for jobs.

Not sure if anyone will employ me, but if they do can anyone give me an idea on how to wok our the tax, or anything else they take from your pay packet?

I want to work this out so I don't get a big shock when I find out hwo much they take from me when I get my first pay slip!!!

Answer 1

At the moment you can earn £5035 (£97 a week) a year before you pay tax.

Then it is 10% on the first £2150 over £5035( £41.00 a week over £97 a week)

Anything over that is taxed at 22%

You pay NIC at 11% on any earnings over £97 per week

So if you earnt £100 per week you would pay 30p in tax and 33p in NIC

Hope that helps

Answer 2

The min you can earn before tax is £5220 per annum. This will change on the 5th of april 2007 to £7090. the limit changes each year. Usually it increases. You have to earn more than £82 per week to pay NI increased to £94. If you don't work out you tax code or the inland revenue doesnt send it in time for your first payslip (which does happen from time to time) the percentage of you wages will be 22% which is Basic Rate. Good luck with your job search!

Answer 3

Approximately, you first £4300 will be tax free, then about £1500 will be at 10%, and then anything over this will be at the basic rate of tax.

Dont forget to include National Insurance contributions in your deduction calculations.


In general, a rough calculation of deducting about 19% should see you in the ball park for a salary of £12500 ish, not including any pensions contribution

Answer 4

as a rough guide, the salary quoted, take off one quarter, for tax and national insurance.
you have a tax free limit, about 4,500 pounds, where you dont pay tax, so relative to part time work, but as a general rule, on 12, 000 to 40,000 a year,job, for instance, you loose one quarter, total, as a rough guide.