A1*40%-MIN (A1, 34600)*(40%-22%)-MIN (A1, 2230)*(22%-10%)
if anyone knows please explian me this formula
- posted
16 years ago
paye
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- posted
16 years ago
Tax bands. Doesn't seem to take off the allowance/tax code.
formatting link
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- posted
16 years ago
sak writes
It's out of date now, anyway!
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- posted
16 years ago
"Gordon H" wrote
Not quite yet, it isn't.... You're getting ahead of yourself!
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- posted
16 years ago
That rather depends on what's in A1...
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- posted
16 years ago
It doesn't take account of dividend income at all.
Next year you're going to have to juggle the 10% savings rate band in as well - and do you apply the dividend income before the savings income or after? There can be winners and losers whichever way around you organize it.
Tim.
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- posted
16 years ago
Was thinking that myself!
wrote
That may be elsewhere than in A1 as well....
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- posted
16 years ago
Tim writes
I've already worked out next year's liability, then I read the small print about Road Fund Licence increases. Even my g/f's little Nissan Micra is set to increase from £145 to £180. :-(
Sorry, well off topic now...