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  • westv
    westv Posts: 6,461 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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.
  • Pat38493
    Pat38493 Posts: 3,347 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    westv said:
    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!
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