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HOW much do youget taxed on 11,500 pounds a year?


thats like 958 a month...[pounds] so pissed off as the managers here all earn millions

yeah, they've probably worked hard, done the training and attempted to better themselves, how dare they get paid more...

about 22%

If your tax code is 522L, then you can earn 拢5225 before earning tax. So, you have 拢6275 that is taxable. The first 拢2150 is taxed at 10% and the rest at 22%, so you need to pay (拢2150 @ 10%) 拢215 and (拢4125 @ 22%) 拢907.50, totalling 拢1122.50 per year - 拢93.54 per month

www.nacab.org.uk

Andrew M is right on the tax, but don't forget the National Insurance deductions.

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