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Deleted member 221953
Guest
Hi all
Been offered a job but I’m trying to work out roughly how much I’d come out with each month.
Do you work it out by: deducting taxable allowance from annual earnings then deducting tax and NI (21%?) then adding taxable allowance back on and then divide by 12?
So for example
£25000-£12500=£12500
£12500-21%=£9875
£9875+12500=£22375
£22375/12=£1865 per month
Am I doing this right?
Cheers
Been offered a job but I’m trying to work out roughly how much I’d come out with each month.
Do you work it out by: deducting taxable allowance from annual earnings then deducting tax and NI (21%?) then adding taxable allowance back on and then divide by 12?
So for example
£25000-£12500=£12500
£12500-21%=£9875
£9875+12500=£22375
£22375/12=£1865 per month
Am I doing this right?
Cheers