How much will I earn after tax etc if I earn £650 a month before deductions?

Friday 12th November 2010

Well the variables are the same for everyone earning that much aren't they? So same amount of tax and NI will be deducted. If there were other variables that affected me I would have mentioned them.

Answer:

Assuming you earn £650 per month over a full tax year, your annual income will be £7,800. Then your monthly income after tax and national insurance will be £608.85 The answers above are for guidance only and should not be acted upon without you receiving independent financial advice relevant to your circumstances. To find an IFA please go to http://www.unbiased.co.uk Danny Cox, Certified Financial Planner, Hargreaves Lansdown