SINGLE PERSON - NO CHILDREN

SINGLE PERSON - ONE CHILD
Gross Income Net income 2006/07 Net income 2007/08 Tax Credits
2007/08		 NI 2007/08 Monthly Gain/Loss
2007/08		 Gross Income Net income 2006/07 Net income 2007/08 Tax Credits 2007/08 NI 2007/08 Monthly gain/loss 2007/08
£10,000 9,197 9,356 666 528 13 £10,000 13,147 13,446 4,756 528 25
£15,000 11,971 12,039   1,078 6 £15,000 14,647 14,946 2,906 1,078 25
£20,000 15,321 15,389   1,628 6 £20,000 16,147 16,446 1,056 1,628 25
£25,000 18,671 18,739   2,178 6 £25,000 19,216 19,284 545 2,178 6
£30,000 22,021 22,089   2,728 6 £30,000 22,566 22,634 545 2,728 6
£35,000 25,517 25,455   3,262 -5 £35,000 26,062 26,000 545 3,262 -5
£40,000 29,067 29,274   3,312 17 £40,000 29,612 29,819 545 3,312 17
£45,000 32,017 32,224   3,362 17 £45,000 35,562 32,769 545 3,362 17
£50,000 34,967 35,174   3,412 17 £50,000 35,512 35,719 545 3,412 17
£60,000 40,867 41,074   3,512 17 £60,000 40,867 41,074   3,512 17
£70,000 46,767 46,974   3,612 17 £70,000 46,767 46,974   3,612 17
£80,000 52,667 52,894   3,712 17 £80,000 52,667 52,874   3,712 17
£90,000 58,567 58,774   3,812 17 £90,000 58,567 58,774   3,812 17
£100,000 64,467 64,674   3,912 17 £100,000 64,467 64,674   3,912 17
£125,000 79,217 79,424   4,162 17 £125,000 79,217 79,424   4,162 17
£150,000 93,967 94,174   4,412 17 £150,000 93,967 94,174   4,412 17
£175,000 108,717 108,924   4,662 17 £175,000 108,717 108,924   4,662 17
£200,000 123,467 123,674   4,912 17 £200,000 123,467 123,674   4,912 17

 

COUPLE BOTH EARNING - NO CHILDREN

COUPLE BOTH EARNING  - ONE CHILD
Gross Income Net income 2006/07 Net income 2007/08 Tax Credits
2007/08		 NI 2007/08 Monthly Gain/Loss
2007/08		 Gross Income Net income 2006/07 Net income 2007/08 Tax Credits 2007/08 NI 2007/08 Monthly gain/loss 2007/08
£10,000 11,875 12,061 2,366 161 16 £10,000 14,185 14,451 6,601 161 29
£15,000 13,987 14,206 516 528 18 £15,000 16,297 16,596 4,751 528 32
£20,000 17,179 17,284   1,056 9 £20,000 18,005 18,340 2,901 1,056 35
£25,000 20,591 20,728   1,606 11 £25,000 21,136 21,273 1,051 1,606 37
£30,000 23,941 24,078   2,156 11 £30,000 24,486 24,623 545 2,156 11
£35,000 27,291 27,424   2,706 11 £35,000 27,836 27,923 545 2,706 11
£40,000 30,641 30,778   3,256 11 £40,000 31,186 31,323 545 3,256 11
£45,000 33,991 34,128   3,806 11 £45,000 34,536 34,673 545 3,806 11
£50,000 37,341 37,478   4,356 11 £50,000 37,886 38,023 545 4,356 11
£60,000 44,387 44,663   4,940 23 £60,000 44,387 44,663   4,940 23
£70,000 50,554 50,829   5,373 23 £70,000 50,554 50,829   5,373 23
£80,000 56,721 56,996   5,807 23 £80,000 56,721 56,996   5,807 23
£90,000 62,887 63,163   6,240 23 £90,000 62,887 63,163   6,240 23
£100,000 69,054 69,329   6,673 23 £100,000 69,054 69,329   6,673 23
£125,000 84,684 85,097   7,074 34 £125,000 84,684 85,097   7,074 34
£150,000 99,434 99,847   7,324 34 £150,000 99,434 99,847   7,324 34
£175,000 114,184 114,597   7,574 34 £175,000 114,184 114,597   7,574 34
£200,000 128,934 129,347   7,824 34 £200,000 128,934 129,347   7,824 34

NI = National Insurance paid for that year
The Monthly Gain/Loss does not take into account the Budget changes to the increased cost of Petrol, Car Tax etc


 
 

  
 
 
  
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