Maths lovers... I need help!

I need to work out the following!

Total: 45220
Pension (7%) calculated on: 38000 = 2660
Total - pension = 42560

Therefore: 42560 after tax = 31290?

Is that right?

16 Comments

what % of tax/NI you calculating?

maths lovers.......?

Original Poster

arcangel111

what % of tax/NI you calculating?



I just used an online tax calculator (thesalarycalculator.co.uk)
Edited by: "baffledsalmon" 16th Sep 2010

inb4 tree fiddy

baffledsalmon

I just used an online tax calculator (thesalarycaulcator.co.uk)



then i would imagine it to be correct?

magicbeans

maths lovers.......?



lol, how can anyone love maths oO

in b4 jealous fat wimminz of the misc start on the op.

richp

lol, how can anyone love maths oO



Because it follows logic and reason and can describe the world around us. It is essentially just a language.

Original Poster

arcangel111

then i would imagine it to be correct?



I know the tax part is correct, but it's the rest I'm worried about! Basically the pension is only worked out on the 38000 and obviously isn't taxable, so I'm presuming I just work out the 7% of the 38000 and then take that figure from the total amount to find the figure that is taxed?

I love a good maths debate

Is this just a thread to brag about earnings?

Also, are you hot?

Original Poster

mr.potato_head

Is this just a thread to brag about earnings?Also, are you hot?



It's a thread about earnings. I didn't say they were mine, it's just a question about pensions and tax.

I asked Ms Vordeman to confirm but she's busy making love to Big Rick

baffledsalmon

It's a thread about earnings. I didn't say they were mine, it's just a … It's a thread about earnings. I didn't say they were mine, it's just a question about pensions and tax.



Chill Phil, was only messing about. I couldn't care less whether it was a bragging thread or not.

But still ... are you hot?

numptyj

I love a good maths debate



You like to have a big group maths debate with all the miscers?

Original Poster

I just want to know if it's riiiight
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