Been Overpaid 1st month salary

McKneff

sclancy1 wrote: »

Seems I am in the money. Got Payroll to check this morning and part of it is tax rebate and the rest is because they pay for full month of Sept because of when I started rather than up to 21st as I presumed. Fantastic news for me after being out of work for 6 months.. means can pay off one debt in full with the extra money! Whoop Whoop!

:j:j
Thanks for the update. Enjoy.

greendale9061

Hi,

That great you got more money than you thought, but remember if your wages are paid monthly i.e the last fri of every month, then every 3 months it will be a 5 week wait for your money instead of a 4 weeks. This means October is a 5 week month. I do Payroll and some people moan to me that they have to wait longer for their wage every quarter,

Just remember if you have a fixed salary, it is an average of the year very month, unless they pay you, every day you work. e.g. 31k /12 = £2583/month.You will pay approx NI £220 & Tax £400 based on a 647L code.

Monostich

sclancy1 wrote: »

I got my first payslip today as just started new job. What would be the approx amount for a salary of 31k as I think I have been overpaid.. Also would you let accounts know?

Take the money and RUN to the hills!