tax

[lady jane]

could anybody tell me , if you earn �300wk, what is the take home wage on married and single .thanks

[BlueScorpion]

There is no longer a different tax code for married and single. The standard tax code is currently 522L which means that over a year you will get about �5,225 tax free pay (divided over the year).

The easiest way to estimate your take home pay without access to tax & NI tables is to take off 25%. So on �300 you would take home approximately �240. It will probably be slighlty more but it's better to work on an under estimate.

[Buenchico]

52 x �300 = �15600. Entering that annual figure into the calculator, here
http://www.thesalarycalculator.co.uk/salary.ph p
yields a weekly take-home figure of �239.25

Remember that there may be additional (non-statutory) deductions from your pay. In particular, if the company operates a contributory pension scheme, your pension contributions will need to be deducted from the figure above. Additionally, some people have such things as union subscriptions automatically taken from their earnings, which will further reduce take home pay.

Chris