2007-08-07 21:59:06 · 5 answers · asked by kati 1 in Business & Finance ➔ Taxes ➔ United Kingdom
Tax £295.39
National Insurance £158.36
Leaving you with £1,406.25 to take home
2007-08-08 09:59:41 · answer #1 · answered by Philip W 7 · 0⤊ 1⤋
Tax code 522l means you can earn £5220 tax free divide that by 12 months= £435 tax free per month the rest you will pay 25p out of ever additional £ you earn.
2007-08-08 05:05:25 · answer #2 · answered by Anonymous · 0⤊ 2⤋
£291 if it's £1860 each and every month. It could be different if your earnings in previous months were significantly different because tax is worked out cumulatively.
National Insurance would be £157 assuming normal "contracted-in" rate and is not affected by previous earnings.
2007-08-08 05:41:52 · answer #3 · answered by JC 3 · 1⤊ 2⤋
£291.77 tax according to calculator on HM Revenue & Customs website
If using the calculator enter pay to date as nil, tax to date as nil and date of payment as 30/04/07..........this will give you the normal tax lost each month
But if you have the figures for pay and tax to date enter them
2007-08-08 18:33:11 · answer #4 · answered by brianfromnorthernireland 3 · 0⤊ 0⤋
£290.97 pence. Assuming no variances between one pay and the next.
2007-08-08 06:35:35 · answer #5 · answered by Subic 5 · 0⤊ 0⤋