Tax on backpay amount??

[Athlon]

Hi there all, how do I work out how much tax and n.i. I would have to pay on an amount of money owed as backpay? it will be lumped in with a monthly payment...

I just need a rough idea on £6K

Ta in advance.

[northandy]

www.listentotaxman.com is your friend.

Depending on whether your a higher rate taxpayer or not, might be worth timing it for this tax year rather than month 1

[Athlon]

Thanks for that.