£28600 a year, income tax- what is the wage?

rageagainstessays

That is how much my uncle pays each year in income tax and he bet me twenty pound that I won't be able to work out his salary,
so there is money to be made in this so it's important you report accurately LOL:j

scheming_gypsy

£96.475 according to http://www.thesalarycalculator.co.uk/salary.php

mark55man

About £100K based on extrapolation (Upwards) from my own salary (effectively £10K extra tax implies £25K extra salary) - although it depends enormously on what allowances other than standard bands he uses to offset (eg pension, charity, ...)

If you answer without taking any deductions off it should be easy with the band figures given on HMRC website. (Sorry not going to depress myself by going there for you)

Le_Chuck

it would depend on how much he contributes into a pension

getmore4less

wil be almost impossibe to tell unless you know more information

allowances.

does it include NI

is the tax code adjusted for other income

pension payments

rageagainstessays

getmore4less wrote: »

wil be almost impossibe to tell unless you know more information

allowances.

does it include NI

is the tax code adjusted for other income

pension payments

I think that is just income tax alone..

mark55man

what the other posters mean is that if you contribute to a pension you don't pat income tax on it

so a man earning say £140K with 40K pension contribution would pay as much tax as a man earning £100K contributing nothing