We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Paying too much tax?
kanchhelskis
Posts: 425 Forumite
in Cutting tax
Hi people I picked up my wages last week and got £162net .
But it was £233 gross.
Am I paying too much tax?
Thanks in advance.
But it was £233 gross.
Am I paying too much tax?
Thanks in advance.
0
Comments
-
It depends on a number of things but primarily what your tax code is, what your income to date is and what other income you have that HMRC is aware of.
Tax on £233 for most people who are paid weekly would be in the region of £22. Even with National Insurance on top is does seem you've paid quite a bit, but it may well be correct for you.Quidco savings: £499.49 tracked, £494.35 paid.0 -
Tax does not work on a weekly basis, so it is impossible to say. Does that include NI as well?0
-
I used to do another cleaning job for 3 hours if I stop this will my tax a national insurance return to normal?
Thanks in advance.0 -
kanchhelskis wrote: »I used to do another cleaning job for 3 hours if I stop this will my tax a national insurance return to normal?
Thanks in advance.
Not automatically no. You will have to arrange it with the taxman.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.6K Banking & Borrowing
- 254.8K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.2K Work, Benefits & Business
- 605.7K Mortgages, Homes & Bills
- 179K Life & Family
- 263.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards