Hello im just doing my taxes online but one of my invoices is incomplete, I know i got paid 2016 but that is the after-tax amount. Can anyone tell me what it was before tax was deducted @ 20%

Thanks for your help

Thanks for your help

Hello im just doing my taxes online but one of my invoices is incomplete, I know i got paid 2016 but that is the after-tax amount. Can anyone tell me what it was before tax was deducted @ 20%

Thanks for your help

Thanks for your help

1680 @20%

if you add,

2419.20 @20 %

lol - you suck at maths

:thumbsup:

I deducted from vat which is 17.5% not 20%

2016 = 80%

2016/80 = 25.2

25.2 x 100 = £2520

it is wrong

Original Poster

Much love

Actually is it 2520 or not?

he wasnt asking to deduct from the 2016... he was asking what the figure was before the amount came to 2016 which is 2520

if you are paying tax at 20% not the usual 17.5 percent then yes it is correct

corinne

look the %20 is (2016 x20) \ 100 = 403.20

and add 2016+403.20=2419.20

bout tree fiddyYou are working out what 20% of 2016 is, and then adding that on. But that is

wrong...2016 is the amount after being reduced by 20% of the original (yet to be worked out) number, which has already been pointed out in #8.

did you fail GCSE math? or have you yet to take it?

your maths sucks as well, I am afraid

What a way to start your HUKD's life..only 11 posts and already insulting members :roll:

OP is asking what the amount was before being reduced by tax...therefore the amount that he has given is only 80% of the overall amount, so you simply divide the amount by 80 and times by 100 thus leaving you with the amount that OP began with before being taxed.

Don't be afraid!

Its math

sin this country. Your spelling sucks too.well put David ... as i am sure has been posted a few times already in this thread the amount he was looking for is £2520

you insulted me first, and I don't believe the answer is 2520,

I am just trying to be helpful, but I wont say anything anymore

go this web side and calculate 2016 + %20

csgnetwork.com/sal…tml

and the answer is 2520

like has been said a few times before -

the figure 2016 is 80% of the original sum of money, so if you divide 2016 by 4 you get 504 add it to 2016 to get the full 100% of the sum- hence 2520is that clearer for you?

What is that link showing? Putting in 2016 and 20 into the boxes doesnt show any answer shown on this thread.

can you try this link please? and add 20% to 2016

csgnetwork.com/sal…tml

put 2016 and put 0.20 please

Sorry, but you're calculating 20% of 2016. The question in the OP essentially asks if 2016 = 80%, what is 100%?

Therefore you are wrong... :whistling:

That works if trying to find out 20% of 2016...but OP is saying that 2016 is 80% of what he earned...the other 20% went to the taxman. He wants to know what the value was of the full 100%.

I am not telling you I am right, may be I misunderstand the question, I am just trying to be helpful in here, I know how to do invoicing, so the op wants to find out 2016+20%

wrong wrong wrong :w00t: my girlfriends nephew who is 10 got this right :-D:whistling:

He needs to admit we're right first :whistling:

The answer is defiantly 2520As civms47 first pionted out:

2016 = 80%

(To find 1%) 2016/80 = 25.2

(To find 100%) 25.2 x 100 = £2520

You're not telling us you're right, but you are telling us we're wrong and you're not?? :thinking:

You don't fully understand the question i'm afraid...

Edit - the OP is essentially looking for £2016 + 25%

no not 2016 + 20% he wants to know what the amount deducted was... : 504 is the answer

thats a hard way round - i already gave you an easy way - 2016 is 80% of the initial sum - so divide it by 4 to get 504 ( 2520 / 5 = 504 )

I didn't say anybody wrong, you are right as well but when it comes to taxing I believe I am right as the op needs to find 20% ontop of 2016, so as I understand he wants to add 20% on top of 2016

the Op wants to find the orginal amount.

This means the 2016 is 80% of the orginal amount.

Meaing 2016 / 0.8 will give the correct answer.

:thumbsup:

You understand it wrong tho, he want to find 25% on top of 2016 not 20%....

how many times must we explain what he wants - even the OP knows we're all right and has logged off...

he gave us the sum of £2016 and told us that amount was what was paid into his bank after tax - the taxman took 20% of his salary so wanted to know what he was paid before tax ....

not 20% of £2016