Need someone good with numbers!!

parahandy

Anyone good with numbers when it comes to salaries?

I'm on 22k at present, having to find a new job, and looks like going to have to take a drop regardless.

My salary comes in about £1300 per month after tax, etc. Any idea what a drop to £16k would make that?

unluckyone

parahandy wrote: »

Anyone good with numbers when it comes to salaries?

I'm on 22k at present, having to find a new job, and looks like going to have to take a drop regardless.

My salary comes in about £1300 per month after tax, etc. Any idea what a drop to £16k would make that?

on a standard tax code is used to get £1066 per month and i was on £15,810

scooterchick

Gross Income£16,000.00£1,333.33£307.69£61.54Pension Deductions£0.00£0.00£0.00£0.00Taxable Income£9,525.00£793.75£183.17£36.63Tax£1,905.00£158.75£36.63£7.33National Insurance£1,130.80£94.23£21.75£4.35Student Loan£0.00£0.00£0.00£0.00Take Home£12,964.20£1,080.35£249.31£49.862008 values£12,847.60£1,070.63£247.07£49.41

scooterchick

oK THAT DIDN'T QUITE WORK OUT THE WAY i WANTED TO. Google 'salary calculator' and you'll get exact results.

touch*my*food*feel*myfork

this will tell you all you need to know

http://www.moneysavingexpert.com/tax-calculator/

trevormax

In the current tax year, your net monthly take home pay on £16k would be £1,080.

Annual
Gross Income £16,000
Tax £1,905
NI £1,130.8

unluckyone

trevormax wrote: »

In the current tax year, your net monthly take home pay on £16k would be £1,080.

Annual
Gross Income £16,000
Tax £1,905
NI £1,130.8

yeah, like i said, approx 1,066 per month

Savvy_Sue

Don't forget to factor in any reductions in travel costs or travel time, and also think about benefits like flexi-time, additional holidays, pensions, private health insurance. I know they're not cash in the bank, but they are worthwhile!

richyvezy

Hi

Here's another tax calculator

http://listentotaxman.com/index.php?c=1&yr=2009&married=1&age=0&add=0&code=&pension=2&time=1&ingr=&vw%5B%5D=yr&vw%5B%5D=mth&vw%5B%5D=wk

wontfallforit

My salary used to be exactly 16k. I took home £1080pm. I had no pension deductions. Hope that helps.