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Converting net to gross?

(12 Posts)
mogs0 Sun 17-Aug-08 16:58:14

Wondering if anyone knows roughly how much £70 net would be gross?

Nettee Sun 17-Aug-08 17:35:30

per week?

I think it would be below the threshold for having to pay tax

Per day - not sure - would depend on other earning etc

I think there is a table I have seen somewhere for conversions - I will see if I can find it for you

Nettee Sun 17-Aug-08 17:43:21

here I assume it means weekly salaries

jura Sun 17-Aug-08 18:22:19

Message withdrawn at poster's request.

nannynick Sun 17-Aug-08 18:29:29

Net to Gross is hard to do. Gross to Net is easy. I use www.listentotaxman.com to convert Gross to Net.

So to use that, do to Net to Gross, you initially have to guess what the gross amount is. If it were £70 net per day, 5 day week, then that's £350 net per week, which I will start the guess at £475 gross. Using ListenToTaxman, I then play with the figure until the net figure matches the best. £460.21 gross per week, gives £350 net per week, 08/09 tax year, assuming single person under 65 with standard tax code.

mogs0 Sun 17-Aug-08 19:36:06

Thanks! I've never really got my head round the gross/net thing because I've always worked as nanny on a net basis.

jura Mon 18-Aug-08 10:57:47

Message withdrawn at poster's request.

imananny Mon 18-Aug-08 11:04:03

mogs - according to nannytax cal

www.nannytax.co.uk/nannies/earnings.html

you would earn 460 gross a week

£18 200 nett

£23 920 gross

mummyofbeautifultwingirls Mon 18-Aug-08 14:51:50

I think 70 net per day roughly equates to 95 gross per day (assuming it is your only job and you are on the usual tax code)

RachieB Tue 26-Aug-08 17:08:20

as much as that ?!

I thought / read somewhere it was more like £87 ish ?

imananny Tue 26-Aug-08 17:20:51

according to nannytax its £91

RachieB Tue 26-Aug-08 17:29:26

thanks
x

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