• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

What would be my take home as a Perm in uk please

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #11
    It's really easy. A tax calculator will tell you the tax you pay on a £100K salary (with of course no allowances, as you're over £125K - thank-you ChimpMaster). An NI calculator will tell you the NI payable on a £100K salary. A take home pay calculator will tell you how much moolah you have in your mitt. More sophisticated ones will take into account any benefits.

    Then, 40% of your £50K rental income is tax. So you've got an additional £30K.

    Is that enough now or are you going to try and make this run and run, as is your tradition?
    Down with racism. Long live miscegenation!

    Comment


      #12
      Originally posted by Lance View Post
      question from a perm.
      About a perm salary.

      On a contractor forum....


      Why isn't this in general?
      Because moving threads doesn't work yet.
      Down with racism. Long live miscegenation!

      Comment


        #13
        Originally posted by NowPermOutsideUK View Post
        I ve been trying to understand the take home pay on a hypothetical 100K perm salary in London and was hoping someone could give me some indicators

        I ve used the tax calculators but I cant seem to include some rental income in that calc

        So the circumstances for keeping things simple are:

        1) 50 K rental income after expenses and all deductions
        2) 100K perm salary

        Am i correct in thinking that the 100K after NI and income tax results in 40K?

        I am grateful for your advice please
        £91,661

        Comment


          #14
          Originally posted by NotAllThere View Post

          Because moving threads doesn't work yet.
          It breaks them and we lose the thread yes? Sounds perfect for this one. Make it so.
          'CUK forum personality of 2011 - Winner - Yes really!!!!

          Comment

          Working...
          X