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My SOA... my nightmare!!

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Comments

  • all_hours
    all_hours Posts: 684 Forumite
    These are the two sites I used. I assume the results are accurate as they similar on each site - about £10 difference in the take home salaries.

    http://www.thesalarycalculator.co.uk/salary.php
    http://www.i-resign.com/uk/financialcentre/tax_calculator.asp

    ##########################
    Your oh's gross salary is £16203

    Monthly
    Gross Income £1,350.25
    Tax £183.25
    National Insurance £102.29
    Take Home £1,064.71
    If you take 6% off the gross salary for pension you get take home of about £1010

    ###########################

    But he gets the 14% increase for shift work giving a salary 18471.42

    Monthly
    Gross Income £1,539.29
    Taxable Income £1,119.71
    Tax £224.84
    National Insurance £123.09
    Take Home £1,191.37
    If you take 6% off the gross salary for pension (this is £92) you get take home of about £1130.

    His NI payments are lower than above so the take home should be slightly higher.

    He shouldn't have paid £344.87 tax last month - he's paid more than £100 over what he should have.

    Does he get any perks that are taxable?
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    can you go back to his last pay before he changed job

    what month (tax period and month) was that
    what was his tax code at that time

    what was his gross to date
    what was his tax to date

    i think maybe he has changed his tax code
  • susplum
    susplum Posts: 407 Forumite
    CLAPTON wrote:
    can you go back to his last pay before he changed job

    what month (tax period and month) was that
    what was his tax code at that time

    what was his gross to date
    what was his tax to date

    i think maybe he has changed his tax code

    In Oct (didn't get nov/dec yet, admin snafu) his tax code was 503L. His new payslip (Jan 07) shows his gross to date as £14297.60 and tax to date as £2006.55

    New Question Alert

    Next to his NI contributions it says (EE) and next to his pension (ER) on the year to date section it says NI (EE) and NI (ER). does anyone have any idea what this means as we have never seen it before.
    :dance:One good turn gets most of the duvet!! :dance:
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    503L is the standard tax code and for most people this is correct (i.e. no benefits in kind, no tax owed from last tax year, no second income etc.).

    for period 10 i.e. end Jan the a gross to date of 14,297 would mean that the tax to date should be about 2006.55 so that looks consistent.

    so without seeing all his payslips its not possible to really understand why he paid so much this month but he must have been paying too little for some reason or there was a mistake with the transfer of totals from the previous employment..

    the good news however is that next month he should only pay about £204 in tax and the same from then on.
  • claptons right it does look as though he's paid the correct amount so far.

    So when he's paying the correct amount you should have more than an extra £100 a month.
  • susplum
    susplum Posts: 407 Forumite
    Could the tax issue be because they had to wait until 2 weeks before payday to get his p45? We half expected a problem with his first wage because of this but we thought he had given it to HO in time for his second pay to be right.
    :dance:One good turn gets most of the duvet!! :dance:
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    it might be he paid too little the previous month but without the detailed figures its really impossible to say...but as i said the year to date figures look consistent so all things being equal next month he should only pay about £204 in tax so you should be better off.
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