My SOA... my nightmare!!

susplum

all_hours wrote:

Does he receive the 14% shift to take it up to £1539.29 every month?

I put it into (£18471.48 - assuming £1539 times 12 for the annual salary)

http://www.thesalarycalculator.co.uk/salary.php

and it gives monthly tax as £224. It looks as though he is paying too much tax.

As far as we're aware he gets 14% every month and that takes it to £1539.29- How can he pay less tax if he earns more (ie 18471). So confused!!

all_hours

susplum wrote:

As far as we're aware he gets 14% every month and that takes it to £1539.29- How can he pay less tax if he earns more (ie 18471). So confused!!

He's paying too much tax - he must be. Both those calculators show his take home would be around what it is now without the 14%. With the extra 14% it should be higher.

He's started a new job - has he taken a pay cut?

susplum

lynzpower wrote:

susplum

as an aside, if you are out of work now but have been working before, speak to te tax office to see if you are due any back?

I worked part time (well 5 hours) pw Jan-Sept 2005 then went full time Sept-Feb 2006. I've been out of work since feb and I can't see that I will have overpaid anything.

The whole tax thing is actually worrying me sick:eek:

Because my hubby is earning over 16000 our tax credits all but stop and that will leave us with £200 less a month. I really don't know what to do, getting a job seems like the obvious solution but after having spent nearly a year trying to get one.........

lynzpower

all hours have you minused the 90. odd off for his pension?

susplum

He's not had a pay cut, he's gone from 13200 to 16200.

all_hours

lynzpower wrote:

all hours have you minused the 90. odd off for his pension?

Yes in both cases. It won't be exact because the pension is 6% but look at the figures from the last pay slip.

tax: £344.87
NI £104.19 (supposed to be reduced rate as he's in police)
Pension 6%: £92.36

This is on a monthly gross of £1539.

Compare this to the tax that should have been paid on £16,203.00 (1,350.25 monthly) according to iresign or salarycalculator.

The difference in wage is £190 the difference in tax is £150.

susplum

all_hours wrote:

Yes in both cases. It won't be exact because the pension is 6% but look at the figures from the last pay slip.



This is on a monthly gross of £1539.

Compare this to the tax that should have been paid on £16,203.00 (1,350.25 monthly) according to iresign or salarycalculator.

The difference in wage is £190 the difference in tax is £150.

Could you explain the tax thing really slowly as if you were speaking to an idiot (say hello to me:wave:) Just point by point of how you got your answer.

all_hours

I haven't explained it well enough.

I'm just going to do the school run. I'll be back shortly and I'll try again.

susplum

Ah...forgot about the kiddies (mine is off sick, damn tonsils!).

But there is a perfect idea, think of explaining the tax to me as if you were talking to a really small child!! :rotfl: I'm no good with numbers and percentages etc

susplum

I'm shamelessly bumping this as I really need someone to explain the whole tax thing.