Quizzes & Puzzles3 mins ago
income tax
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how is income tax worked out? because my sister who gets paid monthly pays �100 a MONTH in tax and NI and i get paid weekly and can be paying �50+ in tax and NI.
surely this is wrong???
surely this is wrong???
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.For a person with a tax code 503L (and no deductions for pension etc.) you would expect to pay:
�100 tax & NI on a gross pay of around �800 per month
�50 tax & NI on a gross pay of around �270 per week (equivalent to �1170 per month)
http://www.listentotaxman.com
�100 tax & NI on a gross pay of around �800 per month
�50 tax & NI on a gross pay of around �270 per week (equivalent to �1170 per month)
http://www.listentotaxman.com