PAYE (on £6,000, Tax code 1257L, Fiscal Year 2004/2005)
| Band | Rate | Lower Limit | Upper Limit | Tax |
|---|---|---|---|---|
| Starting rate | 10% | 0 | £2,020 | £0 |
| Basic rate | 22% | £2,020 | £31,400 | £0 |
| Higher rate | 40% | £31,400 | - | £0 |
| Total Tax: | £0 |
Employees NI (on £6,000, Fiscal Year 2004/2005)
| Band | Rate | Lower Limit | Upper Limit | Tax |
|---|---|---|---|---|
| Primary threshold | 0% | 0 | £91 | 0 |
| rate below upper earnings limit | 11% | £91 | £610 | £139 |
| rate above upper earnings limit | 1% | £610 | - | £0 |
| Total Tax: | £139 |
Employers NI (on £6,000, Fiscal Year 2004/2005)
| Band | Rate | Lower Limit | Upper Limit | Tax |
|---|---|---|---|---|
| Secondary class 1 rate | 12.8% | £91 | - | £162 |
| Total Tax: | £162 |
IR35 Taxes (on Deemed Payment of £55,716, Fiscal Year 2004/2005)
| Additional Employers NI | £7,131 |
| Additional Employees NI | £3,129 |
| Additional Paye | £13,764 |
| Total Taxes payable in April | £24,025 |