How much would I earn after tax?

[CandyLoo]

I know, daft question, but need to ask.
A job is advertised for £22,221.
How much would I earn after tax?
And then monthly...divide by 12?
The job stipulates 12 hours a week.
Roughly, what would the hourly rate be?
Thanks (it's not a job in finance by the way!)

[CryptoFascist]

is it £22,221 pro rata or not?

[CandyLoo]

Does that mean annually?

[Bearcat]

Just google tax calculator, input your information and it will do it for you.
Pick your year ie 2013 - 14
Very simple and quick.

[IShallWearMidnight]

assuming a tax code of 810L (w1m1), then £1470.62 after tax per month.

So after tax hourly rate of £28.27 approx.

[eminemmerdale]

This is a public sector job isn't it

[CandyLoo]

Great. I'll look up my tax code as I currently carry out self employed work as a tutor and also part time work. Thanks all

[IShallWearMidnight]

unless it's pro rata, in which case it's not.

[CandyLoo]

Yep! Need to go briefly, back later with my tax code. Sounds better than I thought though!

[CandyLoo]

Sorry, what does pro rata mean?

[CandyLoo]

IshallWearMidnight
Thanks. My tax code is 810L.

[Bearcat]

Candy
Pro rate means a percentage of the full time salary.
Ie if the full time job is 36 hours per week at a salary of £22221, then if you are only working 12 hours a week, you are only getting 12/36 or one third of the pay above, just under £7500.
Or are you getting paid £22221 for a 12 hour only week? In which case the pay would be the equivalent to about £66663 per year if you were working a full time 36 hour week, which is a pretty high salary compared to the average.

[CandyLoo]

Bearcat Thanks for that. It must be pro rata, reading what you've said.
So if the annual salary for me is roughly £7500, how much would it be after tax? And per month? Thanks, I just don't know how to work this out.

[Bearcat]

Candy
Have a look at this
Put your figures in and it will work it out for you, yearly, weekly, monthly.
Make sure you know what percentage of the week the 12 hours are.
Hope the link works.

[bunchofposy]

Hi, I think your employer probably wouldn't pay any tax on that salary because the tax free allowance has gone up to £9400ish.

As you do freelance work too you'd prob have to do a tax return to work out the tax you owe on the overall amount.

Think that's right anyway (I also don't work in finance mind!)