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I have a PENP figure- how do I find out what Tax and NI i would pay?

pink_sheila

pink_sheila Posts: 7 Forumite

Tenth Anniversary

First Post

Combo Breaker

19 October 2021 at 10:30AM in Redundancy & redundancy planning

hi all,

I understand how PENP works and how it is calcuated but I'm struggling to find out specifcally how much Tax and NI I would pay on my PENP.

I want to know how I work out the take-home amount of that lump payment, can anyone help me please?

thanks!

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