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-   -   Any HR/Tax Gurus out there? (https://www.cableforum.uk/board/showthread.php?t=13888)

Tricky 23-06-2004 17:59

Any HR/Tax Gurus out there?
 
If I pay £200 out of my monthly wage (after tax so net)
How much is the £200 worth Gross (before tax) if I pay tax at 40% :dunce:

Any ideas? - Nice to see how you got to the value also (not asking much!) :erm:

SMHarman 23-06-2004 20:18

Re: Any HR/Tax Gurus out there?
 
The £200 is 59% of your Gross salary as you have paid 1% NI and 40% tax.

200 *100/59 = £338.98


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