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fix Income Tax calculation error in ideal-flatmate-manchester.org.

master
Craig Oates 3 months ago
parent
commit
3503b690b6
  1. 18
      ideal-flatmate-manchester.org

18
ideal-flatmate-manchester.org

@ -254,7 +254,7 @@ Based on the tax rates (see [[file:./uk-wage-tax.org][UK Wage and Tax Rates]]),
(let* ((earning-target 14000) (let* ((earning-target 14000)
(p-allow 12570) (p-allow 12570)
(taxable-income (- earning-target p-allow)) (taxable-income (- earning-target p-allow))
(tax-to-pay (* taxable-income 0.8)) (tax-to-pay (* taxable-income 0.2))
(total (- earning-target tax-to-pay))) (total (- earning-target tax-to-pay)))
(format t "- Annual Target Salary: £~a~%" earning-target) (format t "- Annual Target Salary: £~a~%" earning-target)
(format t "- Part of Salary which is Taxable: £~a~%" taxable-income) (format t "- Part of Salary which is Taxable: £~a~%" taxable-income)
@ -265,19 +265,19 @@ Based on the tax rates (see [[file:./uk-wage-tax.org][UK Wage and Tax Rates]]),
#+RESULTS: #+RESULTS:
- Annual Target Salary: £14000 - Annual Target Salary: £14000
- Part of Salary which is Taxable: £1430 - Part of Salary which is Taxable: £1430
- Tax to Pay: £1144.0 - Tax to Pay: £286.0
- Salary After Tax: £12856.0 - Salary After Tax: £13714.0
| Time Span | Value After Tax (£) | Mean Rent (£) | | Time Span | Value After Tax (£) | Mean Rent (£) |
|-----------------------+---------------------+---------------| |-----------------------+---------------------+---------------|
| Annually | 12856 | 714.52 | | Annually | 13714 | 714.52 |
| Monthly (Before Rent) | 1071.3333 | | | Monthly (Before Rent) | 1142.8333 | |
| Monthly (After Rent) | 356.8133 | | | Monthly (After Rent) | 428.3133 | |
| Weekly (After Rent) | 89.203325 | | | Weekly (After Rent) | 107.07833 | |
| Daily (After Rent) | 12.743332 | | | Daily (After Rent) | 15.296904 | |
#+TBLFM: @3$2=@-1/12::@4$2=@-1-@-2$+1::@5$2=@-1/4::@6$2=@-1/7 #+TBLFM: @3$2=@-1/12::@4$2=@-1-@-2$+1::@5$2=@-1/4::@6$2=@-1/7
The spending limit of £12.74/day is, pretty much, on par with the assessment of The spending limit of £15.29/day is, pretty much, on par with the assessment of
the [[file:./spare-room-manchester.org][Spare Room]] listings: not great. And, at the time of writing, I've not taken the [[file:./spare-room-manchester.org][Spare Room]] listings: not great. And, at the time of writing, I've not taken
into account the Income Tax with the Spare Room figures. Granted the difference into account the Income Tax with the Spare Room figures. Granted the difference
won't be that different because the annual earnings are too low, for the most won't be that different because the annual earnings are too low, for the most

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