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 Malaysians working in London / UK, Come let's have a meet up may be?

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EvieG2017
post Nov 13 2017, 03:41 AM

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Joined: Nov 2017
QUOTE(anangryorc @ Sep 25 2017, 10:50 PM)
Hi,

How much can I save (After tax and assume 2k per month expenses) if I am earning 7500 GBP per month?

Thanks.
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Helloo!

Firstly congrats on a job that pays £7,500 per month, you must be clearly doing something right...

In regards to your question it is totally dependent on where you live but if your income is £7,500 GBP per month you have a fair amount to live with and potentially save a portion of.

This income tax calculator Income tax calculator has calculated that you'll have £4,998 remaining after tax deductions. If you deduct the 2k expenses you'll have £2,998 remaining.

You could potentially save £1,500 every month, it totally depends on what type of lifestyle you want. £1,500 at 12 months per year equates to £18,000 per year in savings which is really a good amount!!

Hope this information has been helpful smile.gif

This post has been edited by EvieG2017: Nov 13 2017, 03:41 AM

 

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