I hope this is helpful and answers your question.
If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.
YOU HAVE TOLD ME PART OF THE ANSWER , BUT IF BENEFITS IN KIND ARE ADDED ON DOES THE 2014/2015 PERSONAL ALLOWANCE COME OFF ( THIS WAS £10,000 ) OTHERWISE I AM STUFFED . AGAIN TO CONFIRM, IF IT IS THE P60 FIGURE PLUS BENEFITS IN KIND LESS THE PERSONAL I WILL BE WHERE I WANT TO BE .
STILL IN MY OFFICE IF REQUIRED 01702 510433 TERRY
Terry, thank you for your reply.I thought I had answered your question by saying you deduct pension contributions from your gross pay to make it net incomePersonal allowances are excluded from the equation in arriving at net income for child benefit charge calculation purposes.It is taxable pay from P60 plus benefits in kind before personal allowance .. This may not be the answer you were looking for, I'm afraid. .. sorry.I hope this is helpful.
SORRY NOT GETTING MY HEAD ROUND THIS . PLEASE LOOK AT THESE NUMBERS AND CONFIRM MY POSISTION . I HAVE NO ADDITIONAL EARNINGS OTHER THAN STATED .
£51,317 SALARY AFTER PENSION DEDUCTIONS
£8,466 BENEFITS IN KIND AS PER P11D
£10,000 PERSONAL ALLOWANCE
AM I OVER THE £50,000 CEILING ??