P60 calculations

Can you advise the p60 calulations for NI on a P60 for earnings of £140k per annum

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How does the NI of 6295.52 break down in to LEL  Primary Threshold and UEL 

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By SteveHa
10th Sep 2018 10:59

I assume earnings are not exactly £140,000, but on that figure, assuming paid evenly throughout the year, the calculation is:

Up to £8,164 - NIL
£8,164 - £45,000 - 12% = £4,420.32
£45,001 - £140,000 - 2% = £1,900.00

Total = £6,320.32

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