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Excel spreadsheet for personal tax? - MoneySavingExpert Forum
WEBDec 13, 2022 · 1. UK personal tax calculator 2. In Excel available to download and edit 3. Tax calculation on multiple sources of income Telling you what tax you pay on just salary or just dividends or anything else in isolation doesn't help calculate the total tax bill if you have rental income, dividends, capital gains, interest etc. to factor in.
Forums.moneysavingexpert.comBuying Annual Leave -tax implications - MoneySavingExpert Forum
WEBFeb 23, 2023 · Say you work 5 days per week, that is 260 days full time. You get paid £100 per day, so that is £26k per year. In that there are paid Bank Holidays (usually 8 days per year) plus, say, 5 weeks' paid annual leave. Working days 227 out of 260. Say you take 7 days unpaid leave (which is what the extra holiday is, whether they call it SS or
Forums.moneysavingexpert.comSalary Sacrifice to lower tax bracket? - MoneySavingExpert Forum
WEBJun 20, 2020 · 0% from £520 to 792. 12% from £792.01 to £4167.00. 2% above £4167.00. So, assume a monthly salary of £6000 (£72k pa) and you want to put £1500 a month (£18k pa) in to your pension; to make life easier I am including any existing workplace scheme percentage contribution within the £1500pm. 12 Equal Contributions.
Forums.moneysavingexpert.comPension contribution taken from before tax or after?
WEBApr 20, 2018 · You pay pension contributions out of your gross pay. (before deduction of income tax), so the net cost of. joining the TPS is usually reduced by 20%. If you pay. tax at the higher rate, you save even more. Your.
Forums.moneysavingexpert.comSalary Calculator with car allowance - MoneySavingExpert Forum
WEBAug 27, 2016 · I'm just about to switch jobs which includes a car allowance. For budgeting purposes, I would like to calculate my take home pay (and tax/NI) after feeding in elements such as pension % but also car allowance which is not pensionable. I see that thesalarycalculator is fairly comprehensive but does not include a field for car allowance.
Forums.moneysavingexpert.comMortgage 5 x Salary before of after tax? - MoneySavingExpert …
WEBJan 12, 2016 · 4.5 x GROSS salary is what most seem to use as an indicator, but it isn't as simple as that as lenders now look at the overall financial picture in detail, so outgoings, debts, tendency to save, etc. As above, hardly any mortgage lenders use "income multipliers" now. It is more about affordability (Income and expenditure assessment).
Forums.moneysavingexpert.comSalary Exchange - MoneySavingExpert Forum
WEBJul 9, 2024 · There will be an adjustment in the month you change from your current salary to the salary sacrifice arrangement (that's how PAYE works) and you'll get a tax refund for that month only, because your previous tax deductions will have been based on the assumption that you'd earn £59,240 for the whole 12 months (albeit with pension …
Forums.moneysavingexpert.comTax on unpaid leave - MoneySavingExpert Forum
WEBMay 28, 2012 · Tax on unpaid leave. georgeous87 Posts: 6 Forumite. 28 May 2012 at 4:45PM. Hi all, I have asked my work if i can take 7 days unpaid leave in november. I am paid monthly on a salary basis. Im now worried that they are going to deduct my days off after i have paid tax on my gross wage.. As this is what they have done in the past when …
Forums.moneysavingexpert.comAdjusted net income — MoneySavingExpert Forum
WEBJul 26, 2018 · Gross salary: £50,000. Private medical BIK: £400. So ‘Gross’ income = £50,400. I make pension contributions from net income which is grossed up by the pension scheme (20%). I believe there is some sort of relief as a higher rate tax payer on the additional 20% - I was just going to let this flow through my tax code next year after
Forums.moneysavingexpert.comgross v net confusion (Tax and NI issues) - MoneySavingExpert …
WEBAug 28, 2013 · Reaises overpayment of £1000, asks for £1000 back but has overpaid £250 tax. Person pays £1000 to employerthen seeks the £250 refund from the tax man. (I know these figures aren't right to the 20% tax etc but this is how I see it so the gross figure should be correct then they need to inform tax people the pay was wrong to get a refund?)
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