Home & Garden3 mins ago
Working out what amount of tax and NI is paid.
I was wondering if anyone could tell me how i could work out what tax and NI i would pay each month.
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I think that can be misleading though, bednobs, as it ignores the personal allowance and NI starting points. For someone on say £12000 a year the average rate is likely to be less than 20%.
The tax calculator will give you figures over ayear but if you are starting work now and want to know your net pay over the next few months you will also have to take account of tax and earnings in the year to date
The tax calculator will give you figures over ayear but if you are starting work now and want to know your net pay over the next few months you will also have to take account of tax and earnings in the year to date
Try this one
http://payecalculator.hmrc.gov.uk/PAYE0.aspx
http://payecalculator.hmrc.gov.uk/PAYE0.aspx