Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

tax/national insurance

  • 01-05-2016 6:52pm
    #1
    canadabound1
    Registered Users Posts: 99 ✭✭


    hi everyone,
    i will be hopefully be starting work in the uk soon. my wages have to be sorted/agreed first. I am hoping to be getting around £40k per annum starting off.

    One of my friends who started working in the uk about a month ago is getting around £35k per annum and was paid recently (paid monthly). He said he was charged around £370 tax and £250 national insurance (£620 in total for one month).

    I told him that it seems high to me and possibly a mistake was made?

    If a mistake wasnt made, will his tax/national insurance be lower for the following month?

    Just wondering as I will be asking for more than £40k per annum if this is true.


Comments

  • #2
    jimmii
    Registered Users, Registered Users 2 Posts: 14,810 ✭✭✭✭jimmii


    There's a tax calculator on MSN should give you an idea of how much you'll pay.

    http://www.moneysavingexpert.com/tax-calculator/

    Just in case you haven't lived in the UK before take into account council tax too as that can be quite considerable.


  • #3
    Jack B. Badd
    Registered Users, Registered Users 2 Posts: 3,294 ✭✭✭Jack B. Badd


    listentotaxman.com will also give you an accurate breakdown of tax for your income


  • #4
    Michael D Not Higgins
    Registered Users, Registered Users 2 Posts: 7,223 ✭✭✭Michael D Not Higgins


    Is there a tax calculator that accurately takes into account the lower national insurance contributions for a private pension? I guess I could do up a calculator myself in Excel for my own situation and try to match it to my salary but it gets a bit convoluted around national insurance rates and other taxable benefits I get from my employer.


Advertisement