Net income and Gross income

sair5412 | 23:52 Mon 08th Jan 2007 | Business & Finance

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Which is which?

Also, if someone earns �340 a week after tax, what is that per annum BEFORE tax?

Thank you.

What do I do with my money?

Working from home

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Loosehead

Gross is before deductions net is after deductions ie take home. Depends on allowances etc but 340 take home is very roughly 580 gross per week. This is just calculating my head so please pedants don't jump up and down.

Loosehead

sorry I was miles out, just used my PAYE spread sheet and the gross amount is �452

sair5412

Question Author

Thanks for your help loosehead. Much appreciated.

Sado

This site is OK
http://www.e-gismos.com/ukpay.asp

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