What percentage does national insurance and paye take?

Question

and if you did overtime would you have to tell the tax man just to make sure you wasnt taxed to excessively?

Answer 1

Try the HMRC website. It's a good'n and you will be able to check your payslips.

Answer 2

If you are employed and taxed under PAYE, correct deductions will automatically be taken out of your pay by employer. PAYE is operated on a cumulative basis, so where wages fluctuate, PAYE adjusts accordingly. Percentage deducted depends on your pay level, either 20% or 40%.

NIC is deducted per week/month, whatever your earnings for the rest of the year.

Answer 3

For PAYE you get a personal allowance of 5,435 which is not taxable. After this you are taxed at the rate of 20% for earnings between  Ã‚£0-£36,000

With National Insurance you pay 11% on all earnings above 105 per week

If you do over time you are taxed at these rates accordingly

http://www.hmrc.gov.uk/rates/it.htm