Easy way to calculate tax and NI to realise a specific nett
Discussion
Hi,
We are in the process of buying a new house. Part of the funds needed will be provided by a one off bonus from my Ltd. Company.
Is there a simple way to calculate the gross amount I need to pay myself and my wife (we both work for the company) in order to realise a nett £60k?
Any extra income will push me very quickly into 40% territory whilst my wife has a bit more leeway.
Accountant on holiday and need to transfer the funds by next Wednesday. Google doesn't help.
Any help would be very much appreciated
We are in the process of buying a new house. Part of the funds needed will be provided by a one off bonus from my Ltd. Company.
Is there a simple way to calculate the gross amount I need to pay myself and my wife (we both work for the company) in order to realise a nett £60k?
Any extra income will push me very quickly into 40% territory whilst my wife has a bit more leeway.
Accountant on holiday and need to transfer the funds by next Wednesday. Google doesn't help.
Any help would be very much appreciated
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