COUPLE, ONE EARNER - 2 CHILDREN

COUPLE, TWO EARNERS - 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 14,912 15,291 6,601 528 32 £10,000 14,185 14,451 4,756 161 22
£15,000 16,412 16,791 4,751 1,078 32 £15,000 16,297 16,596 2,906 528 25
£20,000 17,912 18,291 2,901 1,628 32 £20,000 18,005 18,340 1,056 1,056 28
£25,000 19,412 19,791 1,051 2,178 32 £25,000 21,136 21,273 545 1,606 11
£30,000 22,566 22,634 545 2,728 6 £30,000 24,486 24,623 545 2,156 11
£35,000 26,062 26,000 545 3,262 -5 £35,000 27,836 27,923 545 2,706 11
£40,000 29,612 29,819 545 3,312 17 £40,000 31,186 31,323 545 3,256 11
£45,000 32,562 32,769 545 3,362 17 £45,000 34,536 34,673 545 3,806 11
£50,000 35,512 35,719 545 3,412 17 £50,000 37,886 38,023 545 4,356 11
£60,000 60,000 41,074   3,512 17 £60,000 44,387 44,663   4,940 23
£70,000 46,767 46,974   3,612 17 £70,000 50,554 50,829   5,373 23
£80,000 52,667 52,874   3,712 17 £80,000 56,721 56,996   5,807 23
£90,000 58,567 58,774   3,812 17 £90,000 62,887 63,163   6,240 23
£100,000 64,467 64,674   3,912 17 £100,000 69,054 69,329   6,673 23
£125,000 79,217 79,424   4,162 17 £125,000 84,684 85,097   7,074 34
£150,000 93,967 94,174   4,412 17 £150,000 99,434 99,847   7,324 34
£175,000 108,717 108,924   4,662 17 £175,000 114,184 114,597   7,574 34
£200,000 123,467 123,674   4,912 17 £200,000 128,934 129,347   7,825 34

 

COUPLE, TWO EARNERS - 2 CHILDREN

PENSIONER COUPLE AGED 65 - 74

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 15,950 16,296 6,601 161 29 £10,000 10,000 10,000     0
£15,000 18,062 18,441 4,751 528 32 £15,000 15,000 15,000     0
£20,000 19,770 20,185 2,901 1,056 35 £20,000 19,533 19,624     8
£25,000 21,332 21,780 1,051 1,606 37 £25,000 23,694 23,812     10
£30,000 24,486 24,623 545 2,156 11 £30,000 27,726 27,886     13
£35,000 27,836 27,973 545 2,706 11 £35,000 31,270 31,518     21
£40,000 31,186 31,323 545 3,256 11 £40,000 34,928 35,118     16
£45,000 34,536 34,623 545 3,806 11 £45,000 38,661 38,852     16
£50,000 37,886 38,023 545 4,356 11 £50,000 42,460 42,590   11
£60,000 44,387 44,663   4,940 23 £60,000 49,961 50,358     33
£70,000 50,554 50,829   5,373 23 £70,000 56,205 56,691     40
£80,000 56,721 56,996   5,807 23 £80,000 62,667 63,047     32
£90,000 62,887 63,163   6,240 23 £90,000 69,267 69,647     32
£100,000 69,054 69,329   6,673 23 £100,000 75,867 76,247     32
£125,000 84,684 85,097   7,074 34 £125,000 91,767 92,415     54
£150,000 99,434 99,847   7,324 34 £150,000 106,767 107,415     54
£175,000 114,184 114,597   7,574 34 £175,000 121,767 122,415     54
£200,000 128,934 129,347   7,824 34 £200,000 136,767 137,415     54

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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