Easy way to calculate tax and NI to realise a specific nett

Easy way to calculate tax and NI to realise a specific nett

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Oscarmac

Original Poster:

343 posts

169 months

Friday 21st July 2017
quotequote all
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