Income Tax and SMP
Hi,
Does anyone know how income tax etc work with smp? Also if anyone has a company car particularly a fully expensed one how much tax did you or will you pay? Just a bit confused about this whole tax thing, don't want to wipe out what little pay I'm going to get in tax!!!
Any help would be great
Thanks
Sazzle
23+5
Does anyone know how income tax etc work with smp? Also if anyone has a company car particularly a fully expensed one how much tax did you or will you pay? Just a bit confused about this whole tax thing, don't want to wipe out what little pay I'm going to get in tax!!!
Any help would be great
Thanks
Sazzle
23+5
0
Replies
http://www.hmrc.gov.uk/calcs/cars.htm
http://www.hmrc.gov.uk/calcs/paye.htm
http://www.hmrc.gov.uk/calcs/nice.htm
The bottom one is NI as we have to pay that too!
Have you tried asking your payroll department as they gave me an estimation of what I could expect to bring home each month
Tara 33+0
For a start the guy said I hadn't answered the security questions correctly????? but wouldn't tell me which one, apparently I need to ask work to change or up date them! I've only been there 5 years and never had a problem before!
Then he said I needed to write in with my details and get work to also notify them I was going on maternity leave..but couldn't promise my tax would be sorted for when I go on leave.
How annoying so none the wiser to working out my pay when I'm off..
sorry for rant..