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Better Off or not?

Hi everyone, My daughter aged 20 is moving to a new job with a wage of £13,300 per anum, how much would this be after basic rate tax and Ni has come off, any help will be great, thanks.

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  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    jem1961 wrote: »
    Hi everyone, My daughter aged 20 is moving to a new job with a wage of £13,300 per anum, how much would this be after basic rate tax and Ni has come off, any help will be great, thanks.

    Better off than what?

    Assuming she's not working or claiming any benefits then she would be £233 a week better off.

    source - http://www.listentotaxman.com/13300?
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • xylophone
    xylophone Posts: 45,690 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    My daughter aged 20 is moving to a new job with a wage of £13,300 per anum,

    Per annum- trust me on this..;)
  • jem1961
    jem1961 Posts: 54 Forumite
    Sorry about the mistake in spelling Annum, I ask for help and you take the !!!!, enjoy the rist of yur sad life.
  • quietriot
    quietriot Posts: 179 Forumite
    jem1961 wrote: »
    Sorry about the mistake in spelling Annum, I ask for help and you take the !!!!, enjoy the rist of yur sad life.

    *rest
    *your
  • pjread
    pjread Posts: 1,106 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    per annum - annually/yearly
    per anum - through the anus

    It's something I'd want to be clear on the distinction between to be fair...

    What's your actual query though?
  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    It's difficult to give a definitive answer to the question you ask in your post without knowing what your daughter's tax code is or what she has earned already this tax year. However, if she's on the standard code of 1060L then in a full year her take home pay would be £12,131.20 or £1,010.93 per month or £233.29 per week. The actual figures that she'll receive this year could be slightly higher if she's been on a low wage up to now.

    Whether she'll be better off or not is of course impossible for us to say because you have omitted to tell us what she earns now.
  • xylophone
    xylophone Posts: 45,690 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Sorry about the mistake in spelling Annum, I ask for help and you take the !!!!, enjoy the rist of yur sad life.

    Sorry, couldn't resist - think it was images of shoving it where the sun don't shine........:rotfl:
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