ir_fuel Posted October 31, 2007 Posted October 31, 2007 Hi I was just looking at some job ads (dont worry, no plans of moving over ), and how should i interprete the salary figures they give? eg. they talk about a £35k annual salary. How much net is this ? Quote
Sarnie Posted October 31, 2007 Posted October 31, 2007 Hi I was just looking at some job ads (dont worry, no plans of moving over ), and how should i interprete the salary figures they give? eg. they talk about a £35k annual salary. How much net is this ? You would probably be lose roughly 30% of that to Tax & NI Quote
H5 Posted October 31, 2007 Posted October 31, 2007 Hi I was just looking at some job ads (dont worry, no plans of moving over ), and how should i interprete the salary figures they give? eg. they talk about a £35k annual salary. How much net is this ? You would probably be lose roughly 30% of that to Tax & NI Assuming no dodgy tax code, that is roughly correct. NI is National Insurance. To give you an idea, if you wanted to buy a house on that, assuming 5 times salary you could borrow £175k. The average flat price about 20 miles west of London is about £200k..... Quote
Sarnie Posted October 31, 2007 Posted October 31, 2007 Hi I was just looking at some job ads (dont worry, no plans of moving over ), and how should i interprete the salary figures they give? eg. they talk about a £35k annual salary. How much net is this ? You would probably be lose roughly 30% of that to Tax & NI Assuming no dodgy tax code, that is roughly correct. NI is National Insurance. To give you an idea, if you wanted to buy a house on that, assuming 5 times salary you could borrow £175k. The average flat price about 20 miles west of London is about £200k..... 4 - 4.5 times income is a more realistic figure, there are'nt many lenders if any at all offering 5 times income Quote
AndyC Posted October 31, 2007 Posted October 31, 2007 4 - 4.5 times income is a more realistic figure, there are'nt many lenders if any at all offering 5 times income +1 The only ones offering more (unless you have a big deposit) are generally in league with lucifer as far as rate goes. Quote
Sarnie Posted October 31, 2007 Posted October 31, 2007 4 - 4.5 times income is a more realistic figure, there are'nt many lenders if any at all offering 5 times income +1 The only ones offering more (unless you have a big deposit) are generally in league with lucifer as far as rate goes. Have you seen the NR Together rates and fee's lately???? Quote
sl114 Posted October 31, 2007 Posted October 31, 2007 A month that comes to about £2100 after tax and NI i think Quote
H5 Posted October 31, 2007 Posted October 31, 2007 Hi I was just looking at some job ads (dont worry, no plans of moving over ), and how should i interprete the salary figures they give? eg. they talk about a £35k annual salary. How much net is this ? You would probably be lose roughly 30% of that to Tax & NI Assuming no dodgy tax code, that is roughly correct. NI is National Insurance. To give you an idea, if you wanted to buy a house on that, assuming 5 times salary you could borrow £175k. The average flat price about 20 miles west of London is about £200k..... 4 - 4.5 times income is a more realistic figure, there are'nt many lenders if any at all offering 5 times income Fair enough. I was referring to what these jokers offered when I sorted my mortgage last week. http://www.abbey.co.uk/csgs/Satellite?c ... %2FGS_Home Was just to show how it fitted in with living in the country!! Quote
ir_fuel Posted November 2, 2007 Author Posted November 2, 2007 Interesting to see salaries might be higher in London, but that gets easily canceled out with the cost of living. Quote
martinmac Posted November 2, 2007 Posted November 2, 2007 And then there is the issue of wether you pay uk tax, depends on a lot of thngs including who you work for. Quote
Stew Posted November 2, 2007 Posted November 2, 2007 Come up to Aberdeen and some of the salaries there are on a par with london. Oil salaries. Quote
H5 Posted November 2, 2007 Posted November 2, 2007 Come up to Aberdeen and some of the salaries there are on a par with london. Oil salaries. Yeah, petrol pump attendants' wages tend to be pretty similar all across the country. Quote
Sarnie Posted November 2, 2007 Posted November 2, 2007 Interesting to see salaries might be higher in London, but that gets easily canceled out with the cost of living. Exactly, you'll get a lot more for your money outside of the Cesspit/London Quote
Ebized Posted November 2, 2007 Posted November 2, 2007 Interesting to see salaries might be higher in London, but that gets easily canceled out with the cost of living. Exactly, you'll get a lot more for your money outside of the Cesspit/London so f...ing true - I'm getting very tempted to move to Scotland with all the kudos on offer there compared to south of the border and house prices about half where I live. Pocket that half and retire!! Quote
martinmac Posted November 2, 2007 Posted November 2, 2007 Ad then there is the time you spend commuting down south Quote
Ebized Posted November 2, 2007 Posted November 2, 2007 Ad then there is the time you spend commuting down south No we don't, we just go out and park on the M25 Quote
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