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Can someone advise roughly what should be paid re: tax/NI?

aliasojo
aliasojo Posts: 23,053 Forumite
Part of the Furniture 10,000 Posts Combo Breaker
Could anyone please give me an idea as to how much should be deducted PAYE for tax and NI for the following 2 amounts?

Standard (not high rate) taxpayer.

£690

£685

Thanks in advance if anyone can help.
Herman - MP for all! :)

Comments

  • Lovelyjoolz
    Lovelyjoolz Posts: 1,070 Forumite
    Assuming those figures are a monthly wage, tax & NI as follows:

    690
    Tax: 0
    NI: 5.32

    685
    Tax: 0
    NI: 4.72

    This is based on a standard tax code of 944L and the assumption that no other income is earned. If your tax code is different to this the figures will be wrong. What's your tax code?
    You had me at your proper use of "you're".
  • aliasojo
    aliasojo Posts: 23,053 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Assuming those figures are a monthly wage, tax & NI as follows:

    690
    Tax: 0
    NI: 5.32

    685
    Tax: 0
    NI: 4.72

    This is based on a standard tax code of 944L and the assumption that no other income is earned. If your tax code is different to this the figures will be wrong. What's your tax code?

    I apologise, I should have been clearer. Each of those figures is for one week.

    Same tax code as you used.
    Herman - MP for all! :)
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    aliasojo wrote: »
    I apologise, I should have been clearer. Each of those figures is for one week.

    Same tax code as you used.

    An assumption has also been made that the earnings for the previous weeks back to 5 April 2013 have been either in case 1 averaging £690 or in case 2 £685. If any larger amounts ie bonus have been paid then it will alter the figures.

    Best to post the actual cumulative earnings up to the week in question
    The only thing that is constant is change.
  • Lovelyjoolz
    Lovelyjoolz Posts: 1,070 Forumite
    Ah, well in that case:

    690
    Tax: 102 p/week or 440 p/month
    NI: 65 p/week or 281 p/month

    685
    Tax: 100 p/week or 435 p/month
    NI: 64 p/week or 278 p/month
    You had me at your proper use of "you're".
  • aliasojo
    aliasojo Posts: 23,053 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Ah, well in that case:

    690
    Tax: 102 p/week or 440 p/month
    NI: 65 p/week or 281 p/month

    685
    Tax: 100 p/week or 435 p/month
    NI: 64 p/week or 278 p/month

    Thanks, that's in line with the figures I have here.

    Appreciate everyone's help, thank you.
    Herman - MP for all! :)
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