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PAYE following a period of unemployment
dazzammm
Posts: 78 Forumite
in Cutting tax
Hi,
Ive just started a new job after being out of work for 3 years (yeah!,me).
what % of my income would i expect to be deducted considering I have received no income this tax year and will only be working for 3.5 months of the tax year.
I was hoping that i would get the full tax allowance but im guess that its on a pro-rata basis. Is this right?
Ive just started a new job after being out of work for 3 years (yeah!,me).
what % of my income would i expect to be deducted considering I have received no income this tax year and will only be working for 3.5 months of the tax year.
I was hoping that i would get the full tax allowance but im guess that its on a pro-rata basis. Is this right?
0
Comments
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You will get the full tax allowance so depending on how much you earn may not pay any tax.Lost my soulmate so life is empty.
I can bear pain myself, he said softly, but I couldna bear yours. That would take more strength than I have -
Diana Gabaldon, Outlander0 -
http://www.hmrc.gov.uk/rates/it.htm#1
If your earnings come under your personal allowance you will pay no tax, anything over you will pay 20% (later if earnings are high they can be 40%).Everything has its beauty but not everyone sees it.0 -
have you been receiving JSA?
you can have an income (earning plus JSA ) of 8105 before paying tax
you pay NI however at 12% on earnings over 632 per month0
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