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correct calculation error in spare-room-manchester.org file.

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Craig Oates 2 months ago
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d13138dc0f
  1. 10
      spare-room-manchester.org

10
spare-room-manchester.org

@ -423,18 +423,18 @@ barely passes the Personal Allowance band (Income Tax).
(let* ((earning-target 12100)
(p-allow 12570)
(taxable-income (- p-allow earning-target))
(tax-to-pay (* taxable-income 0.8))
(total (- earning-target tax-to-pay)))
(income-after-tax (* taxable-income 0.8))
(total (- earning-target income-after-tax)))
(format t "- Annual Target Salary: £~a~%" earning-target)
(format t "- Part of Salary which is Taxable: £~a~%" taxable-income)
(format t "- Tax to Pay: £~a~%" tax-to-pay)
(format t "- After Tax Deducted: £~a~%" income-after-tax)
(format t "- Salary After Tax: £~a~%" total))
#+end_src
#+RESULTS:
- Annual Target Salary: £12100
- Part of Salary which is Taxable: £470
- Tax to Pay: £376.0
- After Tax Deducted: £376.0
- Salary After Tax: £11724.0
| Time Span | Value After Tax (£) | Mean Rent (£) |
@ -450,4 +450,4 @@ The recalculation, with Income Tax, changes my spend limit to £13.85/day. It's
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
myself) of £12,100. Realistically, I'm going have to go with the £13,000 I
mentioned in section [[Summary of Spare Room Data (Not Inc. Income Tax)]] above.
mentioned in section [[Summary of Spare Room Data (Not Inc. Income Tax)][Summary of Spare Room Data (Not Inc. Income Tax)]] above.

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