what should my net pay be???
2007-02-21 03:39:33 · 12 answers · asked by Scots lass 2 in Business & Finance ➔ Taxes ➔ United Kingdom
Ok assuming you have earnt over 5035 this tax year, the £3300 will attract NI and Tax deductions.
So, your net pay on £3300 will be £2234.74 and the net pay on £2000 will be £1499.95.
Total net pay should be £3734.69
Well done on the bonus xx
2007-02-21 07:01:46 · answer #1 · answered by Janice E 3 · 0⤊ 0⤋
You have the same tax code as myself and its around 20% tax so you should get £4240
My pay does fluctuate a fair bit like because three month ago i got a rebate of £80 note
So Davy b (2 down) is probably right i am being a bit optimistic
2007-02-21 03:45:14 · answer #2 · answered by Johnnydun 2 · 0⤊ 1⤋
I think jonnydun is a bit optimistic and 25% overall is more likely. If you pay too much this month [that's sometimes how PAYE works] you should pay less next month or you should fill in a tax return
2007-02-21 03:47:30 · answer #3 · answered by Davy B 6 · 0⤊ 0⤋
According to the calculator at the web address below it should be in the region of £3583, after deduction of tax at £1,431 (this will fluctuate slightly depending on the tax paid/due to date) and NI of £286 (which will not change much as, unlike Tax, National insurance contributions are NOT cumulative.
2007-02-21 06:05:40 · answer #4 · answered by bty498072 1 · 0⤊ 1⤋
Tax man is going to have a good month off you. I think it will be about £3700 after deductions.
Have a look at www.pru.co.uk Tax calculator.
Hope that helps
2007-02-21 03:49:50 · answer #5 · answered by barneysmommy 6 · 0⤊ 1⤋
Think your tax and national insurance should total 22%. So i reckon you'll end up with just over 4 :-) 4134 to be exact
2007-02-21 03:45:20 · answer #6 · answered by Shellie 3 · 0⤊ 1⤋
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2016-06-05 22:52:21 · answer #7 · answered by Anonymous · 0⤊ 0⤋
approx £3400 - on the normal tax level - i don't know if you would have to pay the higher tax rate!!
2007-02-21 03:54:18 · answer #8 · answered by julie g 3 · 0⤊ 0⤋
assuming no othere deductions other than PAYE & NI (eg pension, student loan) my calculation brings you out at approx 3,711.05 - let me know if i was right!!
Gross 5,300.00
PAYE 1,052.19
NI 536.76
Net 3,711.05
2007-02-21 03:45:26 · answer #9 · answered by Shy Ted 3 · 1⤊ 0⤋
Dont know your answer but
whats your occupation?
2007-02-21 03:50:37 · answer #10 · answered by Mrs.H 5 · 0⤊ 1⤋