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Tax question !!!!

(3 Posts)
CrazyBabies Thu 09-Jun-11 13:02:53

Hi, could you tell me how much I can earn before I am taxed please. From the period apr 2011 - apr 2012.
Many thanks.

mranchovy Thu 09-Jun-11 19:05:39

You can earn up to £7,475 before you pay Income Tax.

If you are employed (nanny) you can earn up to £139 a week before you pay National Insurance (£7,225 a year but it is works weekly or monthly not over the whole year), if you are self employed (childminder) you should be paying £3.00 a week Class 2 National Insurance and you can earn up to £7,225 before you pay Class 4 NI.

CrazyBabies Fri 10-Jun-11 09:45:18

Thanks very much for that.

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