Employment and National Insurance LEARNING OBJECTIVE To understand the Maths involved in employment,...
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Employment and National Insurance LEARNING OBJECTIVE To understand the Maths involved in employment, tax and National insurance.
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Transcript of Employment and National Insurance LEARNING OBJECTIVE To understand the Maths involved in employment,...
Employment and National Insurance
LEARNING OBJECTIVE
To understand the Maths involved in employment, tax and National insurance.
Age range Minimum wage per hour
Apprentice rate £2.73
16 – 17 £3.79
18 – 21 £5.13
22+ £6.50
The minimum wage
Income tax
Rate Annual Income
0% Personal Allowance £10,000
20% £10,000 – £40,000
40% £40,000 – £150,000
45% £150,000+
Useful linksExploring how and why we pay tax.
http://taxmatters.hmrc.gov.uk
A series of games about using money.
http://www.pfeg.org/fortunity-mini-games
Money and tax.
https://www.gov.uk/browse/tax
