G guerngirl Registered User Messages 109 4 Jun 2014 #1 Hi, I have given all my tax credits to my husband that I can possibly transfer. If I was earning gross EUR 2755 per month, how much would I earn net per month? If I was earning gross EUR 800 per month, how much would I earn net per month? Thank you.
Hi, I have given all my tax credits to my husband that I can possibly transfer. If I was earning gross EUR 2755 per month, how much would I earn net per month? If I was earning gross EUR 800 per month, how much would I earn net per month? Thank you.
M mandelbrot Registered User Messages 2,330 4 Jun 2014 #2 Have you also transferred your 9k of transferable standard rate band to him? If so, then your net pay from 2,755 would be about 2,127 If not, then your net pay from 2,755 would be about 1,970 From a gross of 800 p.m. your net would be about 778 (not affected by the rate band issue). That's assuming you have only your PAYE credit of 1,650 available to you, and the full amount of your USC bands.
Have you also transferred your 9k of transferable standard rate band to him? If so, then your net pay from 2,755 would be about 2,127 If not, then your net pay from 2,755 would be about 1,970 From a gross of 800 p.m. your net would be about 778 (not affected by the rate band issue). That's assuming you have only your PAYE credit of 1,650 available to you, and the full amount of your USC bands.
G guerngirl Registered User Messages 109 4 Jun 2014 #3 Thank you, you are correct regarding my tax credits. This was extremely helpful. Rgds.
D deadlyduck Registered User Messages 453 5 Jun 2014 #4 Just for future reference for such queries: Karl Grabe's Java tax calculator is available at http://taxcalc.eu My Excel spreadsheet calculator (only for Excel 2007 or higher) is at http://taxcalc.eu/monthlyss
Just for future reference for such queries: Karl Grabe's Java tax calculator is available at http://taxcalc.eu My Excel spreadsheet calculator (only for Excel 2007 or higher) is at http://taxcalc.eu/monthlyss