2016 Budget

Johnl86

Im soon due my april wage am I expecting to see a small increase after the budget change ? my wage is roughly 16.500 per year

Cheers

Darksparkle

The personal allowance went up from £10,600 to £11,000 so you'd pay £80 less tax this year.

Johnl86

ahh right cheers so were looking at abot 6 pond a month lol better in my pocket I suppose ::)

TheGardener

Unless you are in a contracted out pension scheme in which case the end of the 'contracted out status' rebate means you will be paying about 1.4% more in NI - so the difference may be negligible.