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Title: Income tax Post by: oxford_fan on Tuesday, May 20, 2008, 15:57:58 How on earth do i find out if i am being/have been taxed and paid the correct NI contributions?
I'm wishfully thinking that I'm due a £2k rebate but have no grounds to base this on apart from pure hope. It would be nice after all. When I was at HMV I paid about £10 tax and £8 NI out of my measley £150 a week wage. Where I am now I pay £40 tax and £20 NI on a weekly paypacket of about £250. It doesn't seem to equate. My current tax code is 522L. Muchly thankyous. Title: Income tax Post by: Ralphy on Tuesday, May 20, 2008, 16:00:08 Pox fans should pay higher taxes in my book.
Title: Re: Income tax Post by: Reg Smeeton on Tuesday, May 20, 2008, 16:01:02 Quote from: "oxford_fan" How on earth do i find out if i am being/have been taxed and paid the correct NI contributions? I'm wishfully thinking that I'm due a £2k rebate but have no grounds to base this on apart from pure hope. It would be nice after all. When I was at HMV I paid about £10 tax and £8 NI out of my measley £150 a week wage. Where I am now I pay £40 tax and £20 NI on a weekly paypacket of about £250. It doesn't seem to equate. My current tax code is 522L. Muchly thankyous. Go to your local tax office....talk it through with someone. Title: Income tax Post by: BANGKOK RED on Tuesday, May 20, 2008, 16:01:37 Move to Thailand = 7% tax. :-))(
Title: Income tax Post by: neville w on Tuesday, May 20, 2008, 16:15:55 Without looking up the real accurate figures - (alright, I did a bit)
Annual salary £13000 Personal Allowance 5220 Taxable 7780 I'd say you should have paid 10% on the first £2230 (£223) and 22% on the remainder (£1221) total of £1444 tax or about £28 pw National Insurance looks about right (11% of difference between £87 and £250) Of course this will all depend on whether it's a full year, whether you tax code changed, and a whole host of other concerns. It's also based on 2007/2008 tax year. As you may well be aware the 10% and 22% rates have been replaced by a single 20% charge On that basis, the £1444 charge becomes £1711, £33pw Can't see where you would get a figure of £2000 overpayment from when you're only paying £2080 tax in the first place - NI is rarely calculated incorrectly for fairly ordinary employment situations Hope that helps Title: Income tax Post by: Lumps on Tuesday, May 20, 2008, 17:16:02 OF
try this: http://www.digita.com/taxcentral/home/employment/payslipcalculator/default.asp Should help if you've got a tax code Title: Income tax Post by: Simon Pieman on Tuesday, May 20, 2008, 17:20:12 Quote from: "Lumps" OF try this: http://www.digita.com/taxcentral/home/employment/payslipcalculator/default.asp Should help if you've got a tax code Do you use Digita Lumps? Title: Income tax Post by: oxford_fan on Wednesday, May 21, 2008, 13:51:51 many thanks neville and lumps - it seems its all in order. bugger.
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