Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Anyone know how much you get taxed on £18000 ??

13 replies

nutcracker · 19/06/2005 12:14

Just wondering how much tax and NI you would be stopped if you earned £18000 as dp has seen an ad for a driving job.

OP posts:
jessicasmummy · 19/06/2005 12:15

it's roughly what dh gets and we take home approx £950 a month - but we pay our rent out of his wages first, so probably looking at £1050 take home.

nutcracker · 19/06/2005 12:16

Oh thats odd cos dp earns £14500 now and take home pay is £962

OP posts:
mrsflowerpot · 19/06/2005 12:18

try this .

It will be roughly right but won't include any tax credits you qualify for.

jessicasmummy · 19/06/2005 12:19

ah, just thought.... dh also has insurance policies and stuff come out - hang on - let me do the sums!

.... ok, probably looking more like £1150-1200 take home i think.

DH pays approx £300 tax and £135 NI

HappyHuggy · 19/06/2005 12:20

Dh is paid 23,200 and his take home is 1300

(sorry pound sign doesnt work!)

jessicasmummy · 19/06/2005 12:21

that link is great!!!

nutcracker · 19/06/2005 12:23

Hmmm dp is pulling a face now. It would be 6 days a week see and at the mo he only does 5.

Looks like we'd only get roughly £200 extra, which would be fine with me but obviously i'm not doing the job.

OP posts:
SaintGeorge · 19/06/2005 12:26

That link is pretty accurate - just tried it with DH's salary and compared the answer to his P60, the annual figures were only out by £1.12 Tax and 55p on the NI.

nutcracker · 19/06/2005 12:29

Just checked with IR and our tax creidts would be reduced by £120 a month so we'd only enbd up being £80 a month better off.

God i dunno, damned if you do, damned if you don't

OP posts:
Kaz33 · 20/06/2005 17:24

Surely you have to look at the longterm and think that if you have a job then you have the option to progress within that job, gain experience and hopefully a better job in the
future.

And anyway, surely tax credits are to support families who need help - not to subsidise people who can get a job. Apologies for my slightly inflammatory remark but it is a point of view.

Kaz33 · 20/06/2005 19:55

Sorry nutcracker - that was unduly harsh. I apologise, don't know what came over me.

acnebride · 20/06/2005 20:09

Any other perks or benefits, or possibility of overtime? not that I'd want to do overtime if I was already working 6 days a week. sorry.

LIZS · 20/06/2005 20:13

acnebride has a good point - would you get a subsidised car for example and save money you are spending atm. Also what are the longer term prospects to increase that basic wage? £80 pm is still an improvement

New posts on this thread. Refresh page