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correct Income Tax calculation error in spare-room-manchester.org.

master
Craig Oates 3 months ago
parent
commit
3b1016f8af
  1. 20
      spare-room-manchester.org

20
spare-room-manchester.org

@ -138,7 +138,7 @@ pricing, location etc. data.
(incf counter))))))) (incf counter)))))))
#+end_src #+end_src
** Create CSV of Listings * Create CSV of Listings
#+begin_src lisp :results silent #+begin_src lisp :results silent
(with-open-file (out-stream (with-open-file (out-stream
@ -423,7 +423,7 @@ barely passes the Personal Allowance band (Income Tax).
(let* ((earning-target 12100) (let* ((earning-target 12100)
(p-allow 12570) (p-allow 12570)
(taxable-income (- p-allow earning-target)) (taxable-income (- p-allow earning-target))
(income-after-tax (* taxable-income 0.8)) (income-after-tax (* taxable-income 0.2))
(total (- earning-target income-after-tax))) (total (- earning-target income-after-tax)))
(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)
@ -434,19 +434,19 @@ barely passes the Personal Allowance band (Income Tax).
#+RESULTS: #+RESULTS:
- Annual Target Salary: £12100 - Annual Target Salary: £12100
- Part of Salary which is Taxable: £470 - Part of Salary which is Taxable: £470
- After Tax Deducted: £376.0 - After Tax Deducted: £94.0
- Salary After Tax: £11724.0 - Salary After Tax: £12006.0
| Time Span | Value After Tax (£) | Mean Rent (£) | | Time Span | Value After Tax (£) | Mean Rent (£) |
|-----------------------+---------------------+---------------| |-----------------------+---------------------+---------------|
| Annually | 11724 | 589.24 | | Annually | 12006 | 589.24 |
| Monthly (Before Rent) | 977 | | | Monthly (Before Rent) | 1000.5 | |
| Monthly (After Rent) | 387.76 | | | Monthly (After Rent) | 411.26 | |
| Weekly (After Rent) | 96.94 | | | Weekly (After Rent) | 102.815 | |
| Daily (After Rent) | 13.848571 | | | Daily (After Rent) | 14.687857 | |
#+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 recalculation, with Income Tax, changes my spend limit to £13.85/day. It's The recalculation, with Income Tax, changes my spend limit to £14.68/day. It's
not a massive drop from £14.96, but it's not helping the situation. I should not a massive drop from £14.96, but it's not helping the situation. I should
point out here, these figures use the bare minimum salary target (I've set for point out here, these figures use the bare minimum salary target (I've set for
myself) of £12,100. Realistically, I'm going have to go with the £13,000 I myself) of £12,100. Realistically, I'm going have to go with the £13,000 I

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