how much tax would I pay on 400 quid a week ?
Feb 5th 2004, 1:17 am
#1
Banned
Thread Starter
Joined: Aug 2003
Location: I refuse to answer on the grounds it may incriminate me
Posts: 4,513
how much tax would I pay on 400 quid a week ?
Can someone give me some idea on how much my take home pay would be on 400 pounds a week gross ?
Thanks
Thanks
Feb 5th 2004, 1:22 am
#2
BE Forum Addict
Joined: Jan 2003
Location: Perth, Jnr is back!
Posts: 1,286
pounds???
About 280 pounds I reckon but most of us are in Oz at this time of day.
About 280 pounds I reckon but most of us are in Oz at this time of day.
Feb 5th 2004, 1:25 am
#3
Banned
Thread Starter
Joined: Aug 2003
Location: I refuse to answer on the grounds it may incriminate me
Posts: 4,513
Originally posted by DianeOZ
pounds???
About 280 pounds I reckon but most of us are in Oz at this time of day.
pounds???
About 280 pounds I reckon but most of us are in Oz at this time of day.
Feb 5th 2004, 1:27 am
#4
BE Forum Addict
Joined: Jan 2003
Location: Perth, Jnr is back!
Posts: 1,286
Oh that makes sense then.
Feb 5th 2004, 1:31 am
#5
I like kittens.
Joined: Oct 2003
Location: In my own little world
Posts: 1,457
400 * 52 = 20800 annual
Take off your tax allowance, (what's that, about 2500 or so these days?) then the first chunk is at 20% tax, after that you're on 25% tax, if memory serves.
For a ballpark figure, take 78% of the amount, and you won't be far off. A bit over 300 squids a week takehome.
Take off your tax allowance, (what's that, about 2500 or so these days?) then the first chunk is at 20% tax, after that you're on 25% tax, if memory serves.
For a ballpark figure, take 78% of the amount, and you won't be far off. A bit over 300 squids a week takehome.
Feb 5th 2004, 1:31 am
#6
Karma Comedian
Joined: Feb 2003
Location: Brisvegas
Posts: 3,506
Try here:
http://www.moneyextra.co.uk/taxcalc2002/calc
Around 90 -100 GBP Tax per week looks about right, course you should get probably most if not all back if only working for a few months
http://www.moneyextra.co.uk/taxcalc2002/calc
Around 90 -100 GBP Tax per week looks about right, course you should get probably most if not all back if only working for a few months
Feb 5th 2004, 1:33 am
#7
I like kittens.
Joined: Oct 2003
Location: In my own little world
Posts: 1,457
That's easier, jayr!
Of course, watch out that you don't get whacked for emergency tax! :scared:
Of course, watch out that you don't get whacked for emergency tax! :scared:
Feb 5th 2004, 1:33 am
#8
Guest
Posts: n/a
Re: how much tax would I pay on 400 quid a week ?
Originally posted by Luke I Amyofath
Can someone give me some idea on how much my take home pay would be on 400 pounds a week gross ?
Thanks
Can someone give me some idea on how much my take home pay would be on 400 pounds a week gross ?
Thanks
I have been away for 7 years, back in March so would be good to know.
Feb 5th 2004, 1:34 am
#9
Banned
Thread Starter
Joined: Aug 2003
Location: I refuse to answer on the grounds it may incriminate me
Posts: 4,513
cheers everyone. last time I worked there was cash in paw 
Feb 5th 2004, 1:36 am
#10
I like kittens.
Joined: Oct 2003
Location: In my own little world
Posts: 1,457
Originally posted by Luke I Amyofath
cheers everyone. last time I worked there was cash in paw
cheers everyone. last time I worked there was cash in paw
Feb 5th 2004, 1:40 am
#11
Joined: Aug 2003
Posts: 11,149
That is true. Do you have your tax code on a previous P45? If not try and get a new code off the tax office ASAP so you pay as little up front as possible.
