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Company Car Tax Question (working out take home pay)
nutmegman
Posts: 662 Forumite
in Cutting tax
hello,
I would like some advice on working out my take home pay
Salary £43K = take home £2611 per month
How do i work out my new take home pay with a company car, benifit in kind value £4769 @ 21%
The 40% rate on that amount is £1908
I do i calculate my new take home pay?
Thanks in advance
I would like some advice on working out my take home pay
Salary £43K = take home £2611 per month
How do i work out my new take home pay with a company car, benifit in kind value £4769 @ 21%
The 40% rate on that amount is £1908
I do i calculate my new take home pay?
Thanks in advance
:beer:
0
Comments
-
Just take off £1908 / 12 = £159 per month.
So £2452.0
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