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Tricky
23-06-2004, 18:59
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% :dunce:

Any ideas? - Nice to see how you got to the value also (not asking much!) :erm:

SMHarman
23-06-2004, 21:18
The £200 is 59% of your Gross salary as you have paid 1% NI and 40% tax.

200 *100/59 = £338.98