We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Monthly salary - is it right? Online calculator says different?
Options

sunni
Posts: 801 Forumite


in Cutting tax
Hello
Posting this for a friend who's got her first monthly pay and she's not sure if it's right?
Yearly salary is £5,718 for 15 hour contract tax code 1100L
Net Pay £414.99 (no tax or ni)
We've checked an online calculator and it says £476.47?
Anyone know which is right?
sunni
Posting this for a friend who's got her first monthly pay and she's not sure if it's right?
Yearly salary is £5,718 for 15 hour contract tax code 1100L
Net Pay £414.99 (no tax or ni)
We've checked an online calculator and it says £476.47?
Anyone know which is right?
sunni
0
Comments
-
Hello
Posting this for a friend who's got her first monthly pay and she's not sure if it's right?
Yearly salary is £5,718 for 15 hour contract tax code 1100L
Net Pay £414.99 (no tax or ni)
We've checked an online calculator and it says £476.47?
Anyone know which is right?
sunni
if she paid no tax or NI what exactly are you asking?
what was her gross pay?0 -
She thinks she should have got more ie £476.47?? That's what online calculator says?
Gross Pay and Net Pay says the same ie £414.990 -
Did she work the full month?0
-
Yeah she worked a full month, 15 hours each week0
-
Maybe she's going to get paid every 4 weeks rather than monthly?
Still wouldn't work out exactly but a lot closer than monthly.0 -
Is she over 21? I ask because it seems that the annual salary works out to minimum wage for 21+ (£5,718 / 53 weeks / 15 hours), so if she's under 21 that may be the reason.
I don't know what NMW is for under 21s but the salary actually paid works out to roughly £6.26 per hour (£414.99 x 12 months / 53 weeks / 15 hours).Signature removed for peace of mind0 -
When did we go to 53 week years?
Without knowing the pay policies how they work annual/12, hourly pro rata etc, the pay period it will not be possible to say what the employer should be paying.
on annual of £5718 and a pay of £414.99
Difficult to speculate but min wage of £6.70(21-24) getting close to 62hrs.
The pay period may be critical(if not annual/12)
if it is calendar month then May has 4 weeks a BH and another day which is getting close to 62hrs depending which days they work
need more info...0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards