Oh what is income tax and National Insurance? Whats this for?
-
If I was earning £14000 a year how much would I get monthly after income tax and National Insurance? Would I still haave to pay council tax on top of this? I'm a single guy soon to be living on my own.
-
Answer:
well i get about £1,100 monthly after tax,etc. i have to pay £90 per month on council tax (Edinburgh) on a tiny one bedroom flat. and that is after my 25% single persons reduction! edit; a thought- as you are on £14000 per year,apply to the inland revenue for working tax credit relief. i was on £14000 in my last job and i got about £50 per month back in my wages(from taxes) and also got free prescriptions and dental treatment!.you can apply online,just go to inland revenue
adam at Yahoo! Answers Visit the source
Other answers
You will have to pay council tax but you will recieve a discount for living on your own. Lets face facts mate once youve paid your rent and council tax you wont have a pot to p1ss in, get another job, tis my advise.
minormatt
Your take home pay would be about £950 pm. You get a 25% discount on your Council Tax. Income Tax goes to the Governement to fund the War, NIC also goes to the Government to fund your pension (or rather mine now as Im older than you I expect) and your Council Tax goes on schools and emptying dustbins. Don't forget your Water Rates, which are for.....water!
fengirl2
I am single female earning £10500 per year it works out around £175 per week take home pay and off of that I pay £56 rent £22 council tax per week=£88 which leaves me £86 to pay all my other bills and food and travel to and from work each week. That includes a single person discount on the council tax.
Jackie m
about £230 a week, and yes you still have to pay council tax, great isnt it
bigsexydug
Are you a bit slow?
termarrin
Related Q & A:
- What are the various ways of savings to avoid income tax?Best solution by Yahoo! Answers
- What happens if you are riding a scooter with no licence, tax, mot or insurance?Best solution by Yahoo! Answers
- What is the best free online income tax software?Best solution by Yahoo! Answers
- What's the most you got back in income tax?Best solution by Yahoo! Answers
- What is the qualification required to be an income tax officer?Best solution by work.chron.com
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.