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Old 09 September 2008, 11:58 AM
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SiDHEaD
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Default How to work out Take-Home

I've been offered a job but my current place have offered a large increase, i'm trying to work out how much a month it equates to.

Is there a formula?
Old 09 September 2008, 12:03 PM
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r32
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Divide annual salary by 12?
Old 09 September 2008, 12:05 PM
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SiDHEaD
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I think the taxman might have some issue with that figure.

This was the point of my post I have no idea what % tax and NI equate to, and I wondered if anyone happened to know.
Old 09 September 2008, 12:06 PM
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PeteBrant
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Free UK PAYE Income Tax Calculator 2008. Updated for 2008 / 2009 budget and September changes to allowance rates.
Old 09 September 2008, 12:06 PM
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Just the jobby, thanks m8
Old 09 September 2008, 01:11 PM
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wagrain
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Handy little tool that. I usually take around 30% off my gross to get an approx figure. According to that site my take home is 72% of gross so not far out.
Old 09 September 2008, 01:15 PM
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Yeah it seems good. The better news is the increase means I can get a new daily car. Mmm MY06 STI PPP in crystal grey
Old 10 September 2008, 12:38 PM
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MattW
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Originally Posted by Nat21
Plenty of sites on the web to show you

Of course you have to hope that IR don't forget who you are and suddenly put you on M1 like they did to me last month
Which shouldn't be a problem unless your income is variable.
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