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    (Original post by Pencil Queen)
    No the allowances are for gross pay - ie before any tax (the larger figure - I think you have gross and net mixed up)

    on £6k you would pay no tax on the first £4745 then 10% on the rest (up to £6765) so 6000-4745=1255...10% of that = £125.50pa

    http://www.inlandrevenue.gov.uk/students/taxandu.pdf
    oh sorry i see. i thought only people that made less than the allowance were not taxed. but now i see everyone does not pay tax on their first £4745.

    thanks for the help PQ
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    (Original post by chats)
    oh sorry i see. i thought only people that made less than the allowance were not taxed. but now i see everyone does not pay tax on their first £4745.

    thanks for the help PQ
    That would lead to the nasty situation of someone earning £4746 making less money than someone earning £4745
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    (Original post by AntiMagicMan)
    That would lead to the nasty situation of someone earning £4746 making less money than someone earning £4745
    lol thanks for pointing out that i am a dumbass
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    so on a temp contract, it isnt due to exceed 4725 grand - no tax?
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    (Original post by James_W)
    so on a temp contract, it isnt due to exceed 4725 grand - no tax?
    no tax whatsoever.
    you might get taxed, but you will be able to claim it back
 
 
 
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