tax/nat ins question

mrsmoneyspender

anyone know how much tax/insurance i would pay on monthly earnings
of £670
thanks i advance
mrs ms

also £213 weekly

scatz

Depends on what your Tax Code is and whether or not you will be paying emergency tax etc.

A rough estimate would be;

£30.11 tax pcm
£32.24 NI pcm

Information can be found on the following;

http://www.hmrc.gov.uk/rates/nic.htm for NI &
http://www.hmrc.gov.uk/rates/it.htm for tax

Astaroth

Hmm... I get slightly different of

£40.21 tax
£30.32 NI

based on annual salary of £8040

A quick and dirty calculator can be found... http://www.i-resign.com/uk/financialcentre/tax_calculator.asp

scatz

As stated, it was only a guesstimate. However, the figures used in the link provided above are out of date, I used tax brackets for 07/08!

Gives a rough idea anyhow.