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# Tax and National Insurance. watch

1. I know this is a reeeeally random question and no one will know the exact answer but how much (roughly?) will someone be paying a month in tax and national insurance on a £12 000 PA salary?

I know it will depend on factors but i'm trying to work out what my take home would be each month...

Thanks for any help.
2. (Original post by Hana_87)
I know this is a reeeeally random question and no one will know the exact answer but how much (roughly?) will someone be paying a month in tax and national insurance on a £12 000 PA salary?

I know it will depend on factors but i'm trying to work out what my take home would be each month...

Thanks for any help.
Isn't it 21% tax or something like that. So £210 tax per month or £2520 per year.

Don't quote me on that though! Not sure about the NI deductions.
3. Arghhhhhhhhh thats only going to be about £850 a month - eeeeeek thats nothing... :/
4. (Original post by Hana_87)
I know this is a reeeeally random question and no one will know the exact answer but how much (roughly?) will someone be paying a month in tax and national insurance on a £12 000 PA salary?

I know it will depend on factors but i'm trying to work out what my take home would be each month...

Thanks for any help.
Try the Income Tax calculator on Moneysavingexpert.com.

http://www.moneysavingexpert.com/tax-calculator/
5. (Original post by dudleyian)
Isn't it 21% tax or something like that. So £210 tax per month or £2520 per year.

Don't quote me on that though! Not sure about the NI deductions.
Income tax is charged at 20% on the excess over your annual 'personal allowance' (currently £6,475) up to £37,400, then 40% above that.

Employees' National Insurance Contributions are 11% on the excess over £110 per week (£5,715 per year) up to £844 per week (£43,875 per year), then 1% above that.

So, for a £12,000 salary:
Income tax = (12,000-6,475)*20%=£1,105
Employees' NICS = (12,000-5,715)*11%=£691
Net income=£10,204

But yes, www.listentotaxman.com is the best resource for questions like this.
6. (Original post by dudleyian)
Isn't it 21% tax or something like that. So £210 tax per month or £2520 per year.

Don't quote me on that though! Not sure about the NI deductions.
I like that you put this rubbish up after the person before you answered the question.
7. (Original post by Hana_87)
Arghhhhhhhhh thats only going to be about £850 a month - eeeeeek thats nothing... :/
yesss.... what did you expect? Its only 1k a month before tax.
yesss.... what did you expect? Its only 1k a month before tax.

I know, i know! I guess i was hoping i could escape tax.
9. I wish I could escape tax, could replenish my savings after furnishing my flat
10. (Original post by GR29KHS)
I wish I could escape tax, could replenish my savings after furnishing my flat
Should have got a furnished flat then.
I like that you put this rubbish up after the person before you answered the question.
Well I was only 1% out...as I said it was an estimate, I didn't claim it to be the correct details
12. (Original post by dudleyian)
Well I was only 1% out...as I said it was an estimate, I didn't claim it to be the correct details
More like 40% out £2520 as opposed to £1796.
Should have got a furnished flat then.
They don't furnish flats where I live.

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