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weekly pay tax

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sophj-26 | 20:42 Thu 02nd Jun 2011 | Jobs & Education
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what is the threshold for those on a weekly pay basis?
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Tax is a yearly thing surely however you are paid
divide your tax code by 52 add a nought and that will be how much you can earn without paying tax. I assume that is what you meant
Assuming that you've got the usual personal allowance, you can earn £7475 in the tax year which started on 6th April free of tax. If you're paid regularly, that equates to £143.75 per week. Thereafter you pay 20% of what you earn in Income Tax (assuming, of course, that you don't earn enough to put you into a higher tax bracket).

Chris

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weekly pay tax

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