Income tax

[noginn]

My first real full-time job is starting soon (student placement year), I'm going to be on £12,500 pa and I'm trying to work out my finances, how much I have coming in and out. Although I'm not 100% sure on how much i'll see of that after tax...

Is it £12,500 - 22% = £9750 pa = £812.5 pm?

Time to go into the big wide world

 

[noginn]

Hopefully, could do with as much money as possible as going to cost an arm and a leg travelling back and forth on train to Leicester to see my girlfriend.

Not to mention I want to buy a new mountain bike as I'll be living near some countryside again

 

[noginn]

I make it £1384.3 tax pa
net pay £12,500-£1384.3= £11,116pa /13 = £855.07

Why /13 though?

 

[noginn]

Oh OK I see