Net/Gross Weekly/Annual Income & Minimum Wage

l_h_kings | 13:33 Sat 23rd Aug 2008 | Business & Finance

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If your weekly income is �191.69 net, what is your annual gross income likely to be?
Supposing it is full time employment; how does it compare to the mimimum wage? ie above/below or this IS minimum wage.
Thanks

Lease Agreement

Surviving on a low wage

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Ethel

Impossible to tell without knowing what the stoppages are - union fees, pension contributions and so on and if that includes tax credits.

If it is just income tax and NI then approximately �230.77 per week gross and �12000 per annum.

If it is a 40 hour week, that is �5.75 an hour.

The minimum wage for over 22 year olds and older is �5.53 per hour

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