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How much N.I. do you pay on a months wage of 拢3342?


How much N.I. do you pay on a months wage of 拢3342?

Assuming you are not in a company pension scheme which is 'contracted out' of the State 2nd Pension, you'd pay NI of:

nil on monthly earnings up to 拢433
11% on earnings of 拢433 to 拢2,903
1% on earnings over 拢2,903

which equals 拢276 on a monthly wage of 拢3342

you can calculate it by going to: http://www.hmrc.gov.uk/nitables/2006/ca4...

Around 拢380 on that amount xx

Why not read it off your pay slip ?

.. or do some research on the web ?

This pedant says wages are only ever paid weekly, salary is the word for monthly pay.

However, checkout this document. It should have the answer:
http://www.hmrc.gov.uk/nitables/2007/ca3...

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