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Unless I'm missing something wouldn't you just enter the gross number in a spreadsheet then x that figure by 75% then x result by 20%. Deduct the result from the gross figure. That is the net.
Unless I'm missing something wouldn't you just enter the gross number in a spreadsheet then x that figure by 75% then x result by 20%. Deduct the result from the gross figure. That is the net.
Yes - but that only works if the entire taxable amount is going to be at 20% tax. I was originally looking for something that would cope with different scenarios - e.g part of it ends up in HR tax, or some of your personal allowance is unused or whatever.
Of course for an individual scenario it's easy to do it on a spreadsheet - even better if there is a website that does it for me!