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Nairaland Forum / Nairaland / General / Travel / Yearly Salary & Monthly Income After Tax Deductions In UK (85682 Views)
N600k/month Income Abroad After Tax OR N1.5M/month Income In Nigeria? / Nigerians In USA, Do You Save More Than N15 Million Yearly? / Can I Apply For Schengen Visa With 74,000 As A Salary Monthly (2) (3) (4)
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Re: Yearly Salary & Monthly Income After Tax Deductions In UK by achorladey: 1:23pm On May 05 |
DaRuud: Smh ![]() ![]() ![]() ![]() |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by lavylilly: 1:33pm On May 05 |
ThiefnubuBandit:You will spend naira in UK, right? |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by Ibukune(m): 1:36pm On May 05 |
You people should stay in Nigeria and discourage people from looking for a good life. I am in the 3rd salary grade, my wife is in the 2nd. We live a very comfortable life, leave in a 2 bed apartment with my only child, we feed well, wear good clothes, pay all my bills, drive a reasonable car and still save 1k pounds every month. After chesting all the bills from parents and begibegi from Nigeria. I am in my mid thirties, even if I save for 3 years and come back to Naija, I can do a good business. Mind u, I got to the UK Oct 2022. NB: I am still doing higher courses to even step higher in my earnings. Life is not easy anywhere, but naija own is too much. Nigerians prefer suffering and justifying the suffering. 2 Likes |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by drsibz66(m): 1:37pm On May 05 |
StOla: Seems you have a learning disability. Your argument is that people don't make it in uk. And I just gave you an example of how people are more likely to make it in uk than Nigeria. Where they finally spend their money doesn't matter , the argument is have they made it or not over a given time compared to Nigeria. Ie carer in uk can save 3000 to 5000 pounds yearly while a minimum wage earner in Nigeria can't save 1/10th of it. Extrapolate that over 10 to 15yrs and tell me who has made it. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by faceland: 1:40pm On May 05 |
PROPEACE: I still don't understand. So you mean the tax is only £67 from £1600? So why is he bitching and misrepresenting it to look like government takes £18k + ❓ |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by obaidan: 1:42pm On May 05 |
achorladey:Quoted from the link u shared, The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has disclosed that a mere 10% of the $20 billion 2023 diaspora remittances reached the Nigerian foreign exchange market. The funds do not pass through Nigerian FOREX market. A lot is happening in the P2P market. Almost everyone on their whatsapp status is selling and buying dollar. It's not like people's money are not getting Nigeria. The money is already labelled remittances, so it gets remitted but it doesn't pass through the official forex market. If someone wants to send money to their child abroad and u want to send money home to do some things. Una go deal, I believe that's what he's talking about. I stand to be corrected |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by Ibukune(m): 1:50pm On May 05 |
Neoteny: You are part of the people dishing out false info. I stay in a 2 bedroom and pay £925 because we are a family of 3 (some people pay as low as 550 in some city like Newcastle) my bills and utility amount to £350, our running cost a month js £400, our Internet is just £40, we use 300 for feeding in a month, that's because we eat well and only do African food. My self and my wife earn about 4k pounds a month. Do your maths and use your teeth to count your tongue. which grocery are u buying at £500 a month? do you know what £500 can buy? u guys should take this lie easy now? No where on earth is easy, but naija own is too much. ordinary fuel is a luxury. 2 Likes |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by erico2k2(m): 1:53pm On May 05 |
Kemistri3:you lot are shouting, however in reality, you pay MORE IN TAX IN NIGERIA THAN THE UK There is a system of multiple taxation in Nigeria that do not exist in the west. 1 Like 1 Share |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by erico2k2(m): 1:55pm On May 05 |
Ibukune:I have always told people those in the Uk shouting we are dying tax tax Bils, are using the format on thier relative who are always begging for money.Imagine, I pay zero tax on my car but i n Nigeria you must pay road licence fees. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by erico2k2(m): 1:56pm On May 05 |
obaidan:Well xplained, they still dont get it. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by Le2money(m): 2:20pm On May 05 |
The truth is....if u are earning 1490 as stated above and if u are single, u can get a furnished shared apartment max of 700 pounds depending on the city that u are....some cities, the 700 above will get 3 bedroom....now, take for example they u are living in a City like Edinburgh ( Scotland capital) u get ursev a shared apartment of 550 or 600 monthly take it out from the 1490, that leaves u with 890 do Bus Pass of 70 pounds, it leaves u with 820, used 300 on feeding and clothing because what u will buy with just 150 pounds in food stuff, Hmm it would look like u want to do party Ni, u will still have 520 pounds....let's assume u want to hold the 120 pounds and change 400 pounds.....that's 400 x 1700= 680k. NB:- Don't forget u can do more than 1 job at a time oo...and I'm very sure u will still have something to save on that extra job aswell.....I don't know about others oo but what I have achieved since I came here two years ago worth more than 90M naira.....that's within 2 years oo ceejayluv: |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by PROPEACE: 2:32pm On May 05 |
faceland:And how did you arrive at £67? Divide £20,000 by 12 to get the monthly salary before tax, subtract £1,493 from it to get the monthly deduction. 1 Like |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by Love800(m): 2:45pm On May 05 |
I dont understand dis your post! Can you explain it clearer? edenex: |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by StOla: 3:17pm On May 05 |
drsibz66: You are still making the same mistake. You saved £5000 in a year in UK and you say you have made it? Money that will not pay for 5months of Nanny care if you have kids. Meanwhile N500k that is not even the equivalent of the pound amount, will pay for nanny care for 8months. Whatever you have saved in US or UK, is for later expenditure where you are. Stop comparing it to what a Nigerian saved for later expenditure in Nigeria. As you do not earn the same, you do not save the same, and you will never later consume the savings the same. They are 2 separate economies, and they do not meet at the point of savings expenditure. 1 Like |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by Oneday82: 3:42pm On May 05 |
Mr. Dr Keep the statistics to yourself and family. Or better still share it to your family members. Let us be the judge to that, and not you. If it has become so bad as you made it look, then you and the rest should be on the next available flight to Nigeria. Relocating is not about the money,just know that. 1 Like |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by lakefist(m): 3:44pm On May 05 |
BigDawsNet: People no Dey even listen to dem again. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by lakefist(m): 3:48pm On May 05 |
StOla: Keep quiet. I will show you 50 people not even from 1980s they are well established , not to mention people now. May be na Una family the curse Dey don’t generalize. If u like go America if u don’t work u won’t pick money from ground. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by lakefist(m): 3:51pm On May 05 |
StOla: Education is free in the UK. Na so Una Dey spew wetin una no sabi. Alternatively, bring your mum to baby sit for you. Visit visa is easy to get in UK. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by Denko2721987(m): 4:37pm On May 05 |
I don't understand, which one is the tax and which is the income?? |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by vivaciousvivi(f): 5:05pm On May 05 |
faceland: I am in the UK. All that was typed is untrue 1 Like |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by dirolad(m): 5:09pm On May 05 |
ttobizz: ![]() |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by vicfajeze: 5:16pm On May 05 |
id4sho:BROS,WHAT AS IPOB GOT TO DO WITH THIS? |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by drlateef: 5:24pm On May 05 |
faceland: He does makes perfect sense. He is telling the truth. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by id4sho(m): 6:38pm On May 05 |
vicfajeze:I guess all the lives lost during sit at home don't matter. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by drsibz66(m): 6:41pm On May 05 |
StOla: It's you who isn't getting it. If at the end of the year you save 5kpounds after your expenses for the year including nanny . Can the same person on minimum wage do the same I Nigeria. If I go abroad and save even 3k yearly and come back to Nigeria after 10yrs with 30k pounds. the question is would I have been able to make that sane money let alone save it if I was doing the same job in Nigeria. The Answer is No. There is reason why Nigeria is a poor and 3 world counties and others aren't.. it because GDP. You can't compare both economies my friend. You can't compare 2 people both on minimum wage in uk and Nigeria. Facts. Let alone professionals. There is what we call standard of living. You can compare a dr working in uk and the one working in Nigeria. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by Donaldoni: 6:49pm On May 05 |
ekanDamie: I have 3 handsome/beautiful children to the glory of God I will take them round the world by the grace of God Yet Nigeria remains our home |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by Emekayoung(m): 7:14pm On May 05 |
Mumu if you are tired why not return back to your country. Stop discouraging the people planning to travel and pursue their dreams. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by Kenn55: 7:22pm On May 05 |
StOla: What a mindset chai. 5k pounds in the UK won't pay for nanny as you said cos a nanny in the UK is considered a human being who deserves to also live a quality life. The nanny in the UK does not exist solely to serve the interest of the rich to maintain their big man status. You said 500k will pay for a nanny in Nigeria for 8 months. That's about 62k a month. How much is a bag of rice? So the nanny in Nigeria is worth a bag of rice? And you are not ashamed or feel bad to bring that up to win an argument? So the purpose of the nanny and other low end workers in Nigeria is just to serve rich people like you so that the rich exploit them to maintain their high living standards in Nigeria abi? You guys have the effrontery to berate low end workers in the UK who by the way have higher living standards than those same workers in Nigeria cos you exploit them and pay them equivalent of one bag of rice a month and then come online to gloat how Nigeria is better abi? May God forgive you all 1 Like |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by headboyprince(m): 7:47pm On May 05 |
StOla:they don't need to spend their savings there again because they have everything already. You have no right to decide what they want to do with it okay. So just relax ![]() They can buy a second hand car of . Buy iphones, change their wardrobe, start a side hustle. Or save more for a mortgage. Besides which job will allow you to save £5k per year in Nigeria. Not even bank managers make that much in a year. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by headboyprince(m): 7:52pm On May 05 |
StOla:who told you they're subject to only spending it over there which law is that. Don't be stuppid. They can decide what they want to do with their money. Build house in their home country incase their visa expires or they want to come back to visit. So why the push. £5k is big in any country in the world and can buy some many things so stop the bullshit. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by Segzy19: 7:53pm On May 05 |
This information is readily available on the internet. If you search HRM customs and tax revenue, it will bring out the current tax rates for different income grades but you see people (especially the lazy youths) now rely on social media and their so called fake influencers as their main source of information. |
Re: Yearly Salary & Monthly Income After Tax Deductions In UK by Ezeifeduba: 8:23pm On May 05 |
This Fav Doc, where is he living? They just make up numbers to scare people off. They should keep quiet biko. If it's this bad, why are people rushing there and not coming back? |
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