Teacher - Tutoring takes salary into 40% - Pension tax relief?

liviboy

Hi all,

She (and I) are in Scotland, however we're talking about income in tax year 2017-18, not 18-19 as Robert suggested.

I need to get her to send me the calculation from her tax return, once she sends it over I can upload it.

Pension contribution is 9.7% to the Scottish TPS.

Will hopefully report back later with the figures.

Robert_McGeddon

Thanks Marlot and GunJack for the correction. A bit of brain-freeze on my part!

marlot

Robert_McGeddon wrote: »

Thanks Marlot and GunJack for the correction. A bit of brain-freeze on my part!

No worries - we've all done similar from time to time.

GunJack

marlot wrote: »

No worries - we've all done similar from time to time.

Ain't that the truth

liviboy

Hi all,

Thanks again for the replies. Admittedly a bit redundant now but I said I'd get the figures and post them...so here they are:

Pay from employments
£32,697.00
minus allowable expenses
£180.00
Profit from partnerships
£14,355.00
Total income received
£46,872.00
minus Personal Allowance
£11,500.00

Total income on which tax is due
£35,372.00

How we have worked out your income tax

The Scottish rates and thresholds apply to non-savings non-dividend income of Scottish residents


The UK rates and thresholds apply to savings and dividends income


Amount
Percentage
Total

Pay, pensions, profit etc. (Scottish income tax rate).
Basic rate
£31,500.00
x 20%
£6,300.00
Higher rate
£3,872.00
x 40%
£1,548.80
Starting rate
£0.00
x 0%
£0.00
Nil rate
£0.00
x 0%
£0.00
Basic rate
£0.00
x 20%
£0.00
Total income on which tax has been charged
£35,372.00
Income Tax due


£7,848.80
plus Class 4 National Insurance contributions
£123.82


Your Class 4 has been adjusted for Class 2 due and £3366.00 primary Class 1 contributions paid
plus Class 2 National Insurance contributions
£148.20


Total Class 2 and Class 4 National Insurance contributions due
£272.02
plus Underpaid tax for earlier years in your tax code for 2017-18
£1,613.20
Income Tax, Class 2 and Class 4 National Insurance contributions due
£9,734.02
minus Tax deducted
From all employments, UK pensions and state benefits
£5,806.00
Total tax deducted
£5,806.00
Income Tax, Capital Gains Tax, and Class 4 National Insurance contributions due
£3,928.02