April 2011 Income Tax / NI Calculator
23-02-2011, 07:11
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#1
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Inactive
Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 48
Posts: 13,995
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April 2011 Income Tax / NI Calculator
Here.
I'm going to be £992 worse off next financial year due to the changes.
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23-02-2011, 08:26
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#2
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Inactive
Join Date: Jan 2007
Location: Doncaster, S. Yorks.
Age: 43
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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.
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23-02-2011, 08:29
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#3
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Inactive
Join Date: Mar 2007
Posts: 716
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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)
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23-02-2011, 08:34
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#4
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Inactive
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Re: April 2011 Income Tax / NI Calculator
Quote:
Originally Posted by chris9991
Whatever the changes are no doubt the Government will find a way to take more off us (There's big committments to pay for)
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Yeah, like his godliness Mr Obama's state visit
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23-02-2011, 09:47
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#5
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Inactive
Join Date: Jun 2003
Location: Glasgow
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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.
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23-02-2011, 09:50
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#6
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laeva recumbens anguis
Cable Forum Mod
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Re: April 2011 Income Tax / NI Calculator
£624 worse off.
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23-02-2011, 10:07
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#7
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Inactive
Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 48
Posts: 13,995
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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.
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23-02-2011, 20:04
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#8
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Inactive
Join Date: May 2007
Location: Hove
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Re: April 2011 Income Tax / NI Calculator
Quote:
Originally Posted by Ignitionnet
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.
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a.k.a the New Labour Hangover!
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23-02-2011, 20:37
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#9
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Inactive
Join Date: Jul 2004
Location: Winnersh UK
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Re: April 2011 Income Tax / NI Calculator
Looks like I will be £90 better off
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23-02-2011, 20:58
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#10
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cf.mega poster
Join Date: Jan 2004
Location: M'boro
Age: 70
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Re: April 2011 Income Tax / NI Calculator
Quote:
Originally Posted by Hugh
£624 worse off.
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about the same
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23-02-2011, 21:13
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#11
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Guest
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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
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24-02-2011, 08:58
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#12
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Inactive
Join Date: Dec 2004
Posts: 310
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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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