corsasport.co.uk
  Not logged in [Login - Register]  
You Are Not Registered Or Not Logged In  

Corsa Sport » Message Board » General Chat » working out tax


New Topic
New Poll 		  Subscribe | Add to Favourites

You are not logged in and may not post or reply to messages. Please log in or create a new account or mail us about fixing an existing one - register@corsasport.co.uk

There are also many more features available when you are logged in such as private messages, buddy list, location services, post search and more.


Author working out tax
3CorsaMeal
Member
Registered: 11th Apr 02
User status: Offline
27th May 03 at 10:38   View User's Profile U2U Member Reply With Quote
how do u work out how much tax u pay, how much on £1660?
Lisa
Member
Registered: 6th Apr 00
Location: Euxton, Lancashire
User status: Offline
27th May 03 at 10:46   View User's Profile U2U Member Reply With Quote
depends how long it takes you to earn the £1660 is it a month, a week or a year
kinkycorsa
Member
Registered: 19th Feb 03
Location: Bristol
User status: Offline
27th May 03 at 10:56   View User's Profile U2U Member Reply With Quote
i usually take 25% off for National Insurance and Tax then i usually get a lil bit more. But all depends what tax band ur in. So would depend like vauxgirl said on if thts a wk/month or year
3CorsaMeal
Member
Registered: 11th Apr 02
User status: Offline
27th May 03 at 10:56   View User's Profile U2U Member Reply With Quote
a month,
3CorsaMeal
Member
Registered: 11th Apr 02
User status: Offline
27th May 03 at 10:57   View User's Profile U2U Member Reply With Quote
just feel like i being stitched, boss is a bit sly and i wouldn't put it past him
kinkycorsa
Member
Registered: 19th Feb 03
Location: Bristol
User status: Offline
27th May 03 at 10:58   View User's Profile U2U Member Reply With Quote
so round about 20K a yr > i think that puts u in lower tax band so taking of NI and tax u will prob get just above £1245 i reckon
3CorsaMeal
Member
Registered: 11th Apr 02
User status: Offline
27th May 03 at 10:59   View User's Profile U2U Member Reply With Quote
Well i got £1265, so guess thats about right, better stop being moody with the boss then
kinkycorsa
Member
Registered: 19th Feb 03
Location: Bristol
User status: Offline
27th May 03 at 11:00   View User's Profile U2U Member Reply With Quote
lol yeah thats sounds about right > mayb i should charge for my services next time or become an accountant

[Edited on 27-05-2003 by kinkycorsa]
3CorsaMeal
Member
Registered: 11th Apr 02
User status: Offline
27th May 03 at 11:08   View User's Profile U2U Member Reply With Quote


accountants must have an easy job, once u got the formulas u can just plug in different numbers and press return, let a computer do it....
kinkycorsa
Member
Registered: 19th Feb 03
Location: Bristol
User status: Offline
27th May 03 at 11:09   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by 3CorsaMeal


accountants must have an easy job, once u got the formulas u can just plug in different numbers and press return, let a computer do it....


i did that 1 all by my self actually!!
3CorsaMeal
Member
Registered: 11th Apr 02
User status: Offline
27th May 03 at 11:13   View User's Profile U2U Member Reply With Quote
i believe ya just thinking it must be an easy career..
Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
27th May 03 at 12:22   View User's Profile U2U Member Reply With Quote
im an acct and i do the payroll where i work as well

u take ur annual salary and deduct ur tax code ie 4615 (the basic code) then the 1st £1960 is @ 10% and then between £1961 and £30500 is @ 22% (Kindness - 23% was in like 1997!!!!) then above that its 40%

NI, if ur paid mthly any earnings between £4004 and £30940 r @ 11%. ALL earnings above £30940 r also subject to 1% NI Sucks 2 be rich

Its all then complicated by Penison schems, contributions, SAYE, GAYE etc etc
Robbo
Member
Registered: 6th Aug 02
Location: London
User status: Offline
27th May 03 at 12:22   View User's Profile U2U Member Reply With Quote
and yes, its an easy career and yes it pays very very well, jus ask Donna!

 
New Topic
New Poll

Corsa Sport » Message Board » General Chat » working out tax 22 database queries in 0.0116911 seconds