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help calculating final pay please : )

Daniel7583
Posts: 3 Newbie

Hi there,
I've handed in my notice and am trying to calculate what my final pay will be, as I don't have a massive amount of faith in my employer calculating it correctly. Would be very grateful for any help please!
I'm a long-term employee (5 years +)
Salary is £44,000
We get paid at the end of the month for the current month
My last day will be 7th July, so it is the July payment I'm trying to calculate
I have 25 days holiday (not including BHs), of which I have used 7. The holiday year starts 1st Jan.
On top of this, I also have deductions from my salary:
6% pension as salary sacrifice (288.57)
old school student loan (174)
£22 / month dental
356.34 / month travel loan (£4276 borrowed 1st January)
Assuming they take each day to be worth 1/260 (and I know there are a few methods, but this seems the most likely), I calculate that my July pay will be: £1,218
I haven't included the travel loan deduction on this, because I will owe 2137.96
Meaning I will actually owe them £920
Eek.....!
Could anyone who is much better versed in these things than me let me know if I've done this vaguely right please?
I also wasn't sure how the pension, dental, student loan deductions were factored in for the final month, but have assumed no change.
Sorry for the very long post, but thank you so much in advance if you can help!!
I've handed in my notice and am trying to calculate what my final pay will be, as I don't have a massive amount of faith in my employer calculating it correctly. Would be very grateful for any help please!
I'm a long-term employee (5 years +)
Salary is £44,000
We get paid at the end of the month for the current month
My last day will be 7th July, so it is the July payment I'm trying to calculate
I have 25 days holiday (not including BHs), of which I have used 7. The holiday year starts 1st Jan.
On top of this, I also have deductions from my salary:
6% pension as salary sacrifice (288.57)
old school student loan (174)
£22 / month dental
356.34 / month travel loan (£4276 borrowed 1st January)
Assuming they take each day to be worth 1/260 (and I know there are a few methods, but this seems the most likely), I calculate that my July pay will be: £1,218
I haven't included the travel loan deduction on this, because I will owe 2137.96
Meaning I will actually owe them £920
Eek.....!
Could anyone who is much better versed in these things than me let me know if I've done this vaguely right please?
I also wasn't sure how the pension, dental, student loan deductions were factored in for the final month, but have assumed no change.
Sorry for the very long post, but thank you so much in advance if you can help!!
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