How much tax, national insurance and student loan repayment should I pay on a salary of 鎷?0,000?

I have just been offered a job with a salary of 鎷?0,000. I%26#039;m trying to work out my finances and how much disposable income I%26#039;ll have but i%26#039;m stuck trying to work out exactly how much tax etc I%26#039;ll have to pay. My student loan totals 鎷?6,000 (eek!).

Many thanks for any help you can give

How much tax, national insurance and student loan repayment should I pay on a salary of 鎷?0,000?

I use the website www.listentotaxman.com, it allows you to put in your gross salary and it will calculate your tax and NI contributions, and there is also an option for student loan repayment.

Earning 鎷?0000, your annual salary after tax will be approximately 鎷?4939:

鎷?,983.00 deducted for tax

鎷?,628.00 deducted for NI

鎷?50.00 deducted for student loan repayment

How much tax, national insurance and student loan repayment should I pay on a salary of 鎷?0,000?

lots

How much tax, national insurance and student loan repayment should I pay on a salary of 鎷?0,000?

i know that if you earn 15000 a yr then your repayments for the student loan will be only a fiver. so i cant imagine it being much more. get in touch with inland revenue, they can help with the tax and national insurance side and then get in touch with student finance and ask for the repayment amounts. add em together and viola! lol you can also pay more off your student debt if you want to have it payed off quicker.

How much tax, national insurance and student loan repayment should I pay on a salary of 鎷?0,000?

I%26#039;m one year ahead of you and paying it back. You only start paying back your student loan when earning over 鎷?5,000. It doesn%26#039;t matter how much your student loan is for- the amount that come out is proportional; it will just take you longer to pay it off than someone with 鎷?2,000 worth of student loan debt. For the exact numbers you%26#039;re after, I went to www.listentotaxman.com and it came up with the following answer: assuming you%26#039;re on the normal tax code (522L) then, after deductions for tax, NI and Student Loan deductions, you will have the grand sum of 鎷?4,911/year, or 鎷?242/month or 鎷?86/week. You%26#039;ll pay 鎷?50 of your student loan back a year, assuming you stay on the same wage. Have a play around with the website, just remember to tick the Student Loan deduction box..