JimmyRiddle Posted February 5, 2010 Share Posted February 5, 2010 (edited) My monthly take home pay varies month on month and I never know if my tax & NI is correct, I am PAYE. Does anyone know of a website where you can input your taxable earnings to date and your tax code and it tells you what you should have paid in tax & NI thus far? Cheers Edited February 5, 2010 by JimmyRiddle Link to comment Share on other sites More sharing options...
Site Supporter HomerJay Posted February 5, 2010 Site Supporter Share Posted February 5, 2010 whats makes you think its wrong? if payroll is run through sage, which id most likely is, it should be correct. try http://www.pem.co.uk/common/calculators/payroll.html Link to comment Share on other sites More sharing options...
JimmyRiddle Posted February 5, 2010 Author Share Posted February 5, 2010 (edited) whats makes you think its wrong? Beacuse on the months where my earnings have been similar my tax payments haven't? Plus keep hearing of people getting tax rebates becuase they have been overcharged, given the fluxuations in my salary each month I would like to have a better handle on if its correct! Cheers for link, will check when next in office, many thanks. Edited February 5, 2010 by JimmyRiddle Link to comment Share on other sites More sharing options...
ZiggyStardust Posted February 5, 2010 Share Posted February 5, 2010 My monthly take home pay varies month on month and I never know if my tax & NI is correct, I am PAYE. Does anyone know of a website where you can input your taxable earnings to date and your tax code and it tells you what you should have paid in tax & NI thus far? Cheers Whereas PAYE Tax is cumalative, and given your Gross Taxable pay To date, and Tax code, you should be able to work out how much tax you should have paid to a given point in time, NI isn't cumalative, and is lined to your gross pay per payment period. Try this ste : Tax calculator Link to comment Share on other sites More sharing options...
JimmyRiddle Posted February 5, 2010 Author Share Posted February 5, 2010 Cheers for links, but they both appear the give the required monthly deductions on your gross salary over the 12 months., which is fine if your income is static. However I do not know my gross salary until year end as I have loads of add ons, therefore I was after a site where you say; my current taxable earnings are X by month ?, therefore I have Y tax & Z NI liabilities. Link to comment Share on other sites More sharing options...
Boothy Posted February 5, 2010 Share Posted February 5, 2010 They don't work out a new tax code for you every month. Link to comment Share on other sites More sharing options...
JimmyRiddle Posted February 5, 2010 Author Share Posted February 5, 2010 (edited) They don't work out a new tax code for you every month. Eh! I never said they did? But they work out a new tax payment each month dependant upon what you earn in that particular month and from your other earnings to date. If you earn 24k then its based on 2k per month, easy. But if you have a basic of 24k but actually earn ?37,456 over the year through overtime, bonuses etc, every month being differant then its not quite as easy to figure out where your up to? Even more so if you go into higher tax bracket at some point in the year? PS. These figures are used for illustration purposes only.. Edited February 5, 2010 by JimmyRiddle Link to comment Share on other sites More sharing options...
Smiffs Posted February 5, 2010 Share Posted February 5, 2010 I find it bizarre that you pay tax before you feed your kids. Nearly as bad as the banks. Link to comment Share on other sites More sharing options...
ZiggyStardust Posted February 5, 2010 Share Posted February 5, 2010 Cheers for links, but they both appear the give the required monthly deductions on your gross salary over the 12 months., which is fine if your income is static. However I do not know my gross salary until year end as I have loads of add ons, therefore I was after a site where you say; my current taxable earnings are X by month ?, therefore I have Y tax & Z NI liabilities. Try here. Link to comment Share on other sites More sharing options...
maaarsh Posted February 6, 2010 Share Posted February 6, 2010 whats makes you think its wrong? if payroll is run through sage, which id most likely is, it should be correct. try http://www.pem.co.uk/common/calculators/payroll.html Unless he's on the wrong tax code cos those robbing bastards have cocked up. Link to comment Share on other sites More sharing options...
ZiggyStardust Posted February 6, 2010 Share Posted February 6, 2010 whats makes you think its wrong? if payroll is run through sage, which id most likely is, it should be correct. try http://www.pem.co.uk...rs/payroll.html We deal with companies every day who use sage Payroll, and I can assure you that in small companies theres a 30% chance that the person using the software is doing the payroll incorrectly. Link to comment Share on other sites More sharing options...
ZiggyStardust Posted February 6, 2010 Share Posted February 6, 2010 (edited) double post. Edited February 6, 2010 by ZiggyStardust Link to comment Share on other sites More sharing options...
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