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help me i get 250 pounds a week?
how much do i earn a year? i trying to work out my working tax credit form i just started work 1 month i earn 230 pounds a week without tax
sorry 250 pounds
sorry 250 pounds
1 Answer
- ?Lv 71 decade agoFavourite answer
There are 52 weeks in a year. You are entitled to paid holiday so just count it as 52 x 250 = 13,000 per year and you will be liable for income tax on any amount in excess of £7475 per year. When you get your PAYE code sorted out it will deduct an equal amount each week to cover this liability.
Do they not teach basic math in schools anymore?