We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

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

Options

pink_sheila Posts: 7 Forumite

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!

★ ★ ★ Meet your Ambassadors

Confirm your email address to Create Threads and Reply

MSE News

British Airways passenger? Book and travel using your old Covid vouchers NOW – or lose them
If you had a British Airways (BA) flight or holiday disrupted by the Covid-19 pandemic, check if you've got an old voucher as millions of pounds' worth are still unclaimed. You'll need to use it to travel before the end of September 2025 – or risk losing it. Below we explain how to search for unused vouchers and how to use them.

View All

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

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free