Wage Rise

Hope78

I'm really hopeless at working these things out so looking for help;

I get a wage rise tomorrow go from £29376 to £30036 (£660) was wondering how much extra per month that'll be after NI Tax and 6% super ann?

Then in Aug I get another go from £30036 to £31707 (£1671) wondered same as above. I'm hoping that from Aug these will allow me to make over payments of £100 to loan to clear it early.

Tori_Bellatrix

Try this calculator .. I always use it to work out my salary ..

http://www.thesalarycalculator.co.uk/index.php

Hope78

Thanks that gave me a rough idea of the extra I'll have.

oscar52

No idea how super annuation works, but if you multiply you pay rise by 0.67 that will take out the tax and NI - there is no tax allowance as that has already been used up.

660 * 0.67 = 442.20

1671+660 *.67 = 1561 (£30 a week / £130 a month)

The_ROG_fan

Tori_Bellatrix wrote: »

Try this calculator .. I always use it to work out my salary ..

http://www.thesalarycalculator.co.uk/index.php

Thanks for this site; it's helped me find out just how much my pay will go down when I lose my PO allowance next month. :eek:

Tori_Bellatrix

The_ROG_fan wrote: »

Thanks for this site; it's helped me find out just how much my pay will go down when I lose my PO allowance next month. :eek:

Lol .. Pleasure ...

JoKay_2

I find http://www.i-resign.com/uk/home/ a good one to calculate salaries.

HTH.

Prudent

Sorry to be cheeky, but can you post the net of £31707 when you get it? I take it you are a Scottish teacher too?

Hope78

Sure am! I'll post it on this thread get paid again on 26th April and it should (I won't say will as you'll know how super efficent council finance depts aren't).

Hope78

FAO Prudent

Just re-read your post and it'll be August before I'm at £31707, however the NET pay of £30036 (latest pay rise) is £1751.31 if that info helps any.

Hope x