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[Closed] If your salary is £75K, what is your monthly take home pay after taxes etc

 br
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£75k = middle Manager in a decent Corporate or £400pd contractor

You've ain't gonna live like a King!


 
Posted : 25/08/2010 12:59 pm
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It was a simple question and has been answered thanks.

Not sure how the willy waving stuff works? Does everyone in recruitment earn more that the person being recruited? Our HR babe must be on an absolute packet!


 
Posted : 25/08/2010 12:59 pm
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Take off other taxes you'll pay on everything you buy (that you can claim back with your own business

That kind of thing is often a big fat pisstake imo. Sure, if you really do use your house for work, ok, but people claim for everything they can possibly think of regardless of if they would've bought it anyway. Might as well claim cat-food as 'pest prevention technician expenses'.

I'm self employed technically, and all I've claimed for is a copy of Office and a new laptop, since I didn't want to leave Mrs Grips without one when I went away.


 
Posted : 25/08/2010 2:05 pm
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I'm self employed technically, and all I've claimed for is a copy of Office and a new laptop, since I didn't want to leave Mrs Grips without one when I went away.

Really?
You're not vat registered/on flat rate vat? You take all your income as salary, none as dividends?

No different imo to buying a new bike on C2W each year.


 
Posted : 25/08/2010 3:21 pm
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and all I've claimed for

All I've *claimed* for I said, as in expenses for work.

I do salary and dividends, and a little unfairly. When I'm more sorted I'll up the salary as it's a bit piss-takey now.


 
Posted : 25/08/2010 3:26 pm
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'Not sure how the willy waving stuff works?'
Well, it is a bit like waving a glow stick... and how is your shoulder doing?
[IMG] [/IMG]


 
Posted : 25/08/2010 3:36 pm
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Somehow;
If your salary was 75k a year and you could not work out your take home pay... then you must not be worth 75k a year to start with... typical management fodder thinks I...


 
Posted : 25/08/2010 4:29 pm
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far more than twice what any conscientious.. self-respecting.. responsible human being needs to live in this country..

greedy pig


 
Posted : 25/08/2010 4:47 pm
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Not enough.


 
Posted : 25/08/2010 4:54 pm
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greedy pig

Now that would amuse me if an interviewer called an interviewee that whilst discussing salary expectations.


 
Posted : 25/08/2010 4:58 pm
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far more than twice what any conscientious.. self-respecting.. responsible human being needs to live in this country..

greedy pig

so after your food and rent/mortgage can i have what's left please because you don't need it you greedy pig.


 
Posted : 25/08/2010 5:06 pm
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so after your food and rent/mortgage can i have what's left please because you don't need it you greedy pig

I wouldn't be so sure of that Mr Smith.. err.. the answer to your question is a resounding NO!

as well as food and shelter.. we also NEED.. as an antedote to the offensive and thouroughly disturbing capitalist regime.. to nourish our souls.. which isn't cheap in the present climate..


 
Posted : 25/08/2010 5:11 pm
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Slightly more the two experienced senior nurses (band 6) – but hay we don’t do it for the money…. apparently


 
Posted : 25/08/2010 5:11 pm
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Slightly more the two experienced senior nurses (band 6) – but hay we don’t do it for the money…. apparently

It's also double what two teachers at the top of the pay scale earn. But they only work six hours a day and have huge holidays.


 
Posted : 25/08/2010 5:14 pm
 Drac
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PCM:

Gross £6,250.00
Income Tax £1,660.83
NI £376.66

Net £4,212.50

That's for under 65s

Slightly more the two experienced senior nurses (band 6) – but hay we don’t do it for the money…. apparently

You need to work more unsocial hours then, I know what I get and I'm not at the top of 6. Very close though but yeah not £75k but then it's not private sector.


 
Posted : 25/08/2010 5:54 pm
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Pay plenty of corporation tax even if personal taxes are lower so thanks for the high and mighty sentiment you bunch of salary slaves. I guess you are just bitter you haven't worked out how to do it yourselves have you? Those nasty tax dodging, nice car driving people with their financial prudence... 😉


 
Posted : 25/08/2010 5:58 pm
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Drac - Been there done that – managed ward and still earn nothing like half of 75k – now work in community so work ‘office’ hours – plus they are not called unsocial hours for nothing


 
Posted : 25/08/2010 6:02 pm
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miketually - Member
Slightly more the two experienced senior nurses (band 6) – but hay we don’t do it for the money…. apparently
It's also double what two teachers at the top of the pay scale earn. But they only work six hours a day and have huge holidays.

troll or ignorant ****?


 
Posted : 25/08/2010 6:22 pm
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troll or ignorant ****?

Or a teacher being ironic?


 
Posted : 25/08/2010 6:27 pm
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troll or ignorant ****?

I'm going to go with neither

It's also double what two teachers at the top of the pay scale earn.
- True
But they only work six hours a day and have huge holidays.
- I believe this bit may be a bit tongue in cheek being I think he's actually (no pun intended) a teacher.


 
Posted : 25/08/2010 6:32 pm
 br
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molgrips

Get the company to buy your (or more correctly its) next bike.

Don't need to get involved in c2w, as the company owns the asset and writes it off over 12 months - dispose as required. My 456Ti is almost written down 😆


 
Posted : 25/08/2010 6:35 pm
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br is right. Did C2W for two bikes then just bought the third directly through the company. Way easier and more choice.


 
Posted : 25/08/2010 7:00 pm
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How win friends the Surf-Mat way 🙄

Actually with the changes to C2W this week unless you own your own company the new right off rules make it worthless to almost everyone. Many companies have dropped it and people already in C2W will possibly getting a shock at the end of their schemes.


 
Posted : 25/08/2010 7:08 pm
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Love the photo - I always thought the alcohol made my vision bad. It turns out that alcohol really does make the world blurry!


 
Posted : 25/08/2010 7:37 pm
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I am worried that if I earned 75k then I would have no time to go biking.

Having said that the few hours I get are for a disproportionate drop in salary.

Boo hoo


 
Posted : 25/08/2010 8:06 pm
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ivantate - you don't EARN 75K, you get paid it. In my experience you there is a curve where the more you get paid , the harder you work but at some point this flattens out and you get paid more without working more and eventually reach the point where you get paid more and work less.

I just need to work out how to get there now.


 
Posted : 25/08/2010 8:40 pm
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What is this obsession with earning large salaries? Just live within your means and chase happiness rather than material wealth (the latter has bugger all to do with the former).


 
Posted : 25/08/2010 9:18 pm
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£4123.37 a month


 
Posted : 25/08/2010 9:48 pm
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mefty - Member
£4213.37

POSTED 10 HOURS AGO #


Ahem

EDIT: And you transposed the answer.


 
Posted : 25/08/2010 9:58 pm
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So I did - guess we both used the same calculator :-/


 
Posted : 25/08/2010 10:03 pm
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Yes - I actually provided a link!


 
Posted : 25/08/2010 10:04 pm
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Serves me right for not bothering to read the whole thread. I actually got the calculation from an app on my phone though 🙂


 
Posted : 25/08/2010 10:21 pm
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That's a bit new fangled for me - do they do those on ASDA pay as you go?


 
Posted : 25/08/2010 10:25 pm
 br
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WCA - agree, been there - less about working and more about ensuring the processes/procedures/organisation exist.


 
Posted : 25/08/2010 10:27 pm
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Enough to salt some away on a regular basis, pay off your mortgage and get a decent early retirement at 50 (allegedly).


 
Posted : 25/08/2010 10:41 pm
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I have experience (3yrs) tech proj man, and I'm a lover of cold hard cash!


 
Posted : 26/08/2010 12:02 am
 DrJ
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chase happiness rather than material wealth (the latter has bugger all to do with the former).

In that case you'll have no objection to sending me all your money, right - since you will be happy anyway? Cheque is fine.


 
Posted : 26/08/2010 7:25 am
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I believe this bit may be a bit tongue in cheek being I think he's actually (no pun intended) a teacher.

Fourth day back at work after my 44 day summer holiday today 😉


 
Posted : 26/08/2010 9:17 am
 -m-
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I'm guessing that some people on here have never been subject to an HMRC 'investigation'.

Don't worry, you'll enjoy it. But not as much as they will...


 
Posted : 26/08/2010 10:17 am
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Fourth day back at work after my 44 day summer holiday today

Still couldn't get me to do it!


 
Posted : 26/08/2010 10:21 am
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Okay which cowardly keyboard warrior is tagging me as fraudulent? Mods - get this sorted now.

Everything is done completely legimately. In fact we are too cautious at times and don't claim for stuff we could. Sail too close to the wind and the taxman will get you.

Please remove these tags at once and mods - do your job and warn the person adding them.


 
Posted : 26/08/2010 10:23 am
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Get the company to buy your (or more correctly its) next bike.

Would that not be somewhat dishonest? From a moral point of view?


 
Posted : 26/08/2010 10:38 am
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WCA I think £75k is still in the realm of being earnt, whether its hours, firefighting or stressing about targets.

But I fully agree with what you are saying, any higher and you are getting to the 'sitting on the board' kind of catagory.


 
Posted : 26/08/2010 11:11 am
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Surf-Mat - Member
Okay which cowardly keyboard warrior is tagging me as fraudulent? Mods - get this sorted now.

Everything is done completely legimately. In fact we are too cautious at times and don't claim for stuff we could. Sail too close to the wind and the taxman will get you.

Please remove these tags at once and mods - do your job and warn the person adding them.


Get the company to buy your (or more correctly its) next bike.

Would that not be somewhat dishonest? From a moral point of view?

Agree wholeheartedly. I've had long experience of small businesss owners who seem to pay little or no tax through "utilising" the system and their accountants. From a layman's perspective it comes across as "abusing" the system - more commonly called "taking the p!ss"

Ohhh, and unsurprisingly, many of them staunchly support right wing political and economic policies and are very very vocal about waste of money in the public sector - the hypocrisy boils my blood


 
Posted : 26/08/2010 11:18 am
 Drac
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Drac - Been there done that – managed ward and still earn nothing like half of 75k – now work in community so work ‘office’ hours – plus they are not called unsocial hours for nothing

I know what I get so sounds like you left too early. I'm sure you didn't though as there's more to it than cash.


 
Posted : 26/08/2010 11:28 am
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