Spreadsheet income tax formula
Spreadsheet income tax formula
Author
Discussion

Rollin

Original Poster:

6,332 posts

274 months

Saturday 22nd June 2019
quotequote all
Does anyone have a formula that I can just paste into a cell which will then calculate take home pay?
Needs to take into account personal allowance reduction at certain income levels too. I don't really need each deduction listed separate, just the bottom line.
I found a couple but I'm not great with spreadsheets and they don't seem to work or I'm doing something wrong.

anonymous-user

83 months

Saturday 22nd June 2019
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There are a number of online calculators and some will even adjust for your tax code. For instance,

https://www.thesalarycalculator.co.uk/salary.php

Mr Pointy

13,376 posts

188 months

Saturday 22nd June 2019
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Sorry, this is of no help but I was amused to see the only two posts were by Rockin' & Rollin'.

uknick

1,065 posts

213 months

Sunday 23rd June 2019
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It's not really possible to have just one formula to tell your tax due, due to all the possibilities around that affect what tax you pay.

As said, use one of the web sites.

anonymous-user

83 months

Sunday 23rd June 2019
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Mr Pointy said:
I was amused to see the only two posts were by Rockin' & Rollin'.
Every day's a party! party



Butter Face

34,843 posts

189 months

Sunday 23rd June 2019
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https://listentotaxman.com/

Just makes life easier

Eric Mc

125,633 posts

294 months

Sunday 23rd June 2019
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I actually use that for quick PAYE "what if" type calculations. It's faster and easier to use than the formal PAYE software I use for my clients.

The problem with UK tax calculations is that they can be immensely complicated in some circumstances - and even more so when you bring in the National Insurance aspects as well.

JulianPH

10,084 posts

143 months

Sunday 23rd June 2019
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Eric Mc said:
I actually use that for quick PAYE "what if" type calculations. It's faster and easier to use than the formal PAYE software I use for my clients.

The problem with UK tax calculations is that they can be immensely complicated in some circumstances - and even more so when you bring in the National Insurance aspects as well.
Hi Eric, nothing to do with the topic but just wanted to ask after you.

Cheers