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How much do I earn per year?
henrygregory
Posts: 567 Forumite
Hi, I recently changed from full time to part time, two days per week.
I earn 900.90 per month before tax. My tax code for this job is 944L.
Can someone tell me what my annual salary would be for this job if it were a full time one? It has been pro-ratered down and I am not sure how to calculate it back again.
Many thanks. :money:
I earn 900.90 per month before tax. My tax code for this job is 944L.
Can someone tell me what my annual salary would be for this job if it were a full time one? It has been pro-ratered down and I am not sure how to calculate it back again.
Many thanks. :money:
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Comments
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You don't know how to divide and then multiply?henrygregory wrote: »Hi, I recently changed from full time to part time, two days per week.
I earn 900.90 per month before tax. My tax code for this job is 944L.
Can someone tell me what my annual salary would be for this job if it were a full time one? It has been pro-ratered down and I am not sure how to calculate it back again.
Many thanks. :money:We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com0 -
I make it £27,027 before tax
(£900.90/2)*5=£2252.25 per month
£2252.25*12 = 270270 -
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Eh...?
If he's earning 900 per month working full time and he's going to 2 days a week will he not be earning approx £4300 a year?!0 -
Eh...?
If he's earning 900 per month working full time and he's going to 2 days a week will he not be earning approx £4300 a year?!
No, above comment is correct. I get 900 for two days. And I wanted to know what I would get if I was working the same days plus three making a full week.0 -
henrygregory wrote: »No, above comment is correct. I get 900 for two days. And I wanted to know what I would get if I was working the same days plus three making a full week.
Ah right, I mis-read the original post!0 -
Don't you mean 990.90*12/52/2*5*52 = 29,727
990.90 monthly gross
so 990.90 x 12 is annual salary
Divide by 52 as in weeks of the year and then divide by 2 (days of week worked to get daily rate) and then x by 5 to get fill time weekly salary and then x by 52 (weeks)
No need to divide by 52 and then later multiply by 52. They cancel each other out! You could just take the annual salary divide by 2 and multiply by 5.
But anyway the gross was 900.90 and not as you quoted so the previous answer given by useenglish is correct. £27,0270 -
What do you do for 450 quid a day?0
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