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Any HR/Tax Gurus out there?
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Old 23-06-2004, 18:59   #1
Tricky
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Any HR/Tax Gurus out there?
If I pay £200 out of my monthly wage (after tax so net)
How much is the £200 worth Gross (before tax) if I pay tax at 40%

Any ideas? - Nice to see how you got to the value also (not asking much!)
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Old 23-06-2004, 21:18   #2
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Re: Any HR/Tax Gurus out there?
The £200 is 59% of your Gross salary as you have paid 1% NI and 40% tax.

200 *100/59 = £338.98
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