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Tax free allowance - Why am I being taxed so much?

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  • jameweights
    jameweights Posts: 12 Forumite
    edited 20 July 2014 at 7:04PM
    Is it possible 4 weekly pay rather than monthly?

    If on £1149, that'd give tax of £75.80 and NI £64.44

    Or by taking of the other deductions, if on £1140.60 tax of £74 and NI £63.46

    Yes it is 4 weekly .. tax so far this year is 141.80

    simply health 7.80
    pension is 7.05

    Pre tax is 1149.42 then pension.7.05 then it is 1142.37

    the simply is 7.80
    law club is 0.40

    then.ni is 63.64 And income tax is 74.60

    total defuctions are 146.44 and i take home 995.93
  • chrisbur
    chrisbur Posts: 4,258 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Yes it is 4 weekly .. tax so far this year is 141.80

    simply health 7.80
    pension is 7.05

    Pre tax is 1149.42 then pension.7.05 then it is 1142.37

    the simply is 7.80
    law club is 0.40

    then.ni is 63.64 And income tax is 74.60

    total defuctions are 146.44 and i take home 995.93

    Tax and NI for this month and the tax to date for the year so far are correct.
  • jameweights
    jameweights Posts: 12 Forumite
    chrisbur wrote: »
    Tax and NI for this month and the tax to date for the year so far are correct.

    Thanks Guys :) everyone has been so helpful.

    Will try and cut down on hours a bit then, do not want to pay this much tax!
  • chrisbur
    chrisbur Posts: 4,258 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Thanks Guys :) everyone has been so helpful.

    Will try and cut down on hours a bit then, do not want to pay this much tax!

    You must do whatever you are comfortable with; but do not forget that every 20p of tax and 12p of NI that you reduce your net income will go down by 68p. Reducing the tax/NI you pay will make you poorer.
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