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salary calculation
dmliverpool
Posts: 384 Forumite
Hi there,
Just helping a mate with a salary calculation.
He has an annual salary of £19427 pa. At the end of the month he will be getting paid he wants to know how much. I calculated £598 using a salary calculator online but that was just dividing the normal monthly convu in two but normally the less you get paid the less tax you pay. He's a basic rate tax payer.
Any help appreciated.
Just helping a mate with a salary calculation.
He has an annual salary of £19427 pa. At the end of the month he will be getting paid he wants to know how much. I calculated £598 using a salary calculator online but that was just dividing the normal monthly convu in two but normally the less you get paid the less tax you pay. He's a basic rate tax payer.
Any help appreciated.
The harder one works the luckier one gets!
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Comments
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For what period of work is this for?0
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Its for two weeks this month so half a month.The harder one works the luckier one gets!0
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It will depend what they have for his tax code and other eanings this tax year so anything will be a guess, yours is good enough.0
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getmore4less wrote: »It will depend what they have for his tax code and other eanings this tax year so anything will be a guess, yours is good enough.
It's 646l if that helps. Thought someone may know, even a rough amount with no deductions etc just on this tax code.The harder one works the luckier one gets!0 -
dmliverpool wrote: »It's 646l if that helps. Thought someone may know, even a rough amount with no deductions etc just on this tax code.
Listenotthetaxman says 2 weeks pay on that tax code is £747.19 gross and £591.21 netMFW 2020 #111 Offset Balance £69,394.80/ £69,595.11
Aug 2014 £114,750 -35 yrs (2049)
Sept 2016 £104,800
Nov 2018 £82,500 -24 yrs (2042)0
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