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

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Craig Oates 3 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) (let* ((earning-target 12100)
(p-allow 12570) (p-allow 12570)
(taxable-income (- p-allow earning-target)) (taxable-income (- p-allow earning-target))
(tax-to-pay (* taxable-income 0.8)) (income-after-tax (* taxable-income 0.8))
(total (- earning-target tax-to-pay))) (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)
(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)) (format t "- Salary After Tax: £~a~%" total))
#+end_src #+end_src
#+RESULTS: #+RESULTS:
- Annual Target Salary: £12100 - Annual Target Salary: £12100
- Part of Salary which is Taxable: £470 - Part of Salary which is Taxable: £470
- Tax to Pay: £376.0 - After Tax Deducted: £376.0
- Salary After Tax: £11724.0 - Salary After Tax: £11724.0
| Time Span | Value After Tax (£) | Mean Rent (£) | | 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 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
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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