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Paid childcare

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NANNYNICK - or anyone who can help with a tax question (re childminding)

27 replies

looneytune · 12/01/2008 18:05

I THINK you don't pay tax if earnings are less than £4465. What I want to know is how to work out roughly how much tax I'll have to pay on what my earnings are for 2006/07. I've almost finished but do have a few more bit to account for but I'd like to get an idea of how much I'm likely to need.

Anyone able to help?

TIA

OP posts:
Are your children’s vaccines up to date?
tigersmum · 12/01/2008 18:29

If you do your tax return on line it works it out for you.

frannikin · 12/01/2008 18:29

Have you offset all your business expenses?

If you go over the LEL then you pay tax of 20% (I think)