1
vote
1answer
140 views

What is the rationale for a separate “National Insurance” tax in the UK?

In the UK there's a type of income tax called "National Insurance", similar to regular income tax. http://www.hmrc.gov.uk/ni/ What is the rationale for having this separate income tax? How does it ...
3
votes
1answer
67 views

How are national insurance deductions calculated in the UK?

I understand that in the UK national insurance is a deduction made to your salary. I have seen this question/answer, that lists 2 very good websites that breakdown your take home pay for UK residents. ...
4
votes
1answer
208 views

Downsides to Salary Sacrifice? (UK)

My company are starting a scheme where I reduce my gross salary by the amount I pay into our pensions. They increase their pension contribution by the same amount, saving us both National Insurance ...
7
votes
2answers
237 views

Is it possible to work out my P60 from my pay?

I paid myself from my own company last year but did not issue myself a P60 with we closed the company back in December 2010. It's now time to do my tax return and I am unsure what the exact figures of ...
8
votes
1answer
568 views

Calculate Income Tax amount of UK Salary

I've recently been trying to calculate different take home amounts from different salaries, and have ended up getting confused over how the different tax brackets work. If I try to calculate the ...
2
votes
2answers
2k views

Roughly how much more is the average salary of London compared to the north and south?

Pretty much as the title states, roughly how does it equate to a job in the south (say, Bristol), compared to a job in the north (say, Leeds)?