OCUK help :) whats the % on tax & NI ?

it depends how much you earn and how much of your personal allowence has been used up with normal wages
if your on the normal tax band and you have no allowence left tax will be £200 not sure about NI
 
As title, say if you got a lump sum payout from work of around 2k, whats the tax id get taken off that ? - sorry to ask, and I have googled, but its not particularly clear.

Assuming 20% tax bracket, you'd see 69% of that sum?

Confused me a bit as Cupra has said £200 only above.
 
Tax £400
NI £260 approx.

You would receive approx £1340 of it.

Sounds like a pretty harsh deduction, so let me make it easier by demonstrating what it's spent on:

618px-Chavs.jpg


A052-00326_satellite_dishes_on_a_council_estate.jpg


xin_58030224084311104011.jpg


Morley-Chaytor-Ill_2086411b.jpg


3792.jpg


hemicycle.jpg


See, doesn't that make you feel better?
 
Back
Top Bottom