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-   -   April 2011 Income Tax / NI Calculator (https://www.cableforum.uk/board/showthread.php?t=33675270)

Ignitionnet 23-02-2011 07:11

April 2011 Income Tax / NI Calculator
 
Here.

I'm going to be £992 worse off next financial year due to the changes.

haydnwalker 23-02-2011 08:26

Re: April 2011 Income Tax / NI Calculator
 
According to that, looks like I'll be £96 better off next financial year...Although, it will probably be more than that as that calculator doesn't take into account recoups in mileage claims etc added to my pay.

chris9991 23-02-2011 08:29

Re: April 2011 Income Tax / NI Calculator
 
Whatever the changes are no doubt the Government will find a way to take more off us (There's big committments to pay for)

haydnwalker 23-02-2011 08:34

Re: April 2011 Income Tax / NI Calculator
 
Quote:

Originally Posted by chris9991 (Post 35180380)
Whatever the changes are no doubt the Government will find a way to take more off us (There's big committments to pay for)

Yeah, like his godliness Mr Obama's state visit :dozey:

Derek 23-02-2011 09:47

Re: April 2011 Income Tax / NI Calculator
 
£50 or so worse off.

Of course our pay and conditions are going to get ridiculously battered later this year (overtime at a lower rate of pay than you usually get anyone?) so £50 is very optimistic.

Hugh 23-02-2011 09:50

Re: April 2011 Income Tax / NI Calculator
 
£624 worse off.

Ignitionnet 23-02-2011 10:07

Re: April 2011 Income Tax / NI Calculator
 
Just dealing purely with the income tax side of things, obviously with inflation being so rampant even the BoE's rigged figures can't cover it up entirely things will be more painful than that headline figure suggests.

Will21st 23-02-2011 20:04

Re: April 2011 Income Tax / NI Calculator
 
Quote:

Originally Posted by Ignitionnet (Post 35180468)
Just dealing purely with the income tax side of things, obviously with inflation being so rampant even the BoE's rigged figures can't cover it up entirely things will be more painful than that headline figure suggests.

a.k.a the New Labour Hangover! :td:

Ken W 23-02-2011 20:37

Re: April 2011 Income Tax / NI Calculator
 
Looks like I will be £90 better off

Scrubbs 23-02-2011 20:58

Re: April 2011 Income Tax / NI Calculator
 
Quote:

Originally Posted by Hugh (Post 35180450)
£624 worse off.


about the same:erm:

martyh 23-02-2011 21:13

Re: April 2011 Income Tax / NI Calculator
 
A bit strange this ,i won't know exactly how much better or worse off i will be untill i do my tax return in april ,but i do expect to get a quite substantial refund simply because of the rise in material cost, fuel ,admin,waste disposal ect .Although my weekly cash income is down by a couple of hundred a week my allowable expenses have gone up so it's going to interesting to see the final figures

absthechatter 24-02-2011 08:58

Re: April 2011 Income Tax / NI Calculator
 
Looks like if you put your current tax code in it uses that for next years calculation as well rather than the new 747L (probably obvious, but I messed it up first time!) So if you're on standard tax, leave it blank or if you do know your 2011/12 tax code, you can input it to see next years take home, but it will probably be incorrect for this year.

I am still £100 worse off a month though. With a wage freeze and inflation at 4%, considerably more.

Abs


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