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Take home pay help
trying_to_get_on_in_life
Posts: 7 Forumite
Chipping away at my debts nicely
Up for annual budget with debt agency, every year I get the problem that I get bonuses and additional job money if the additional work is available , can never possibly give a totally accurate amount, it's just not possible,even feasible if not unlikely that I make any bonus at all, so I only want to give my guaranteed take home pay, basically from my gross wage how do I work out what my actual take home would be, I work full time and single with no additional deductions other than, tax, national insurance and the basic pension amount.
Any advice and help extremely grateful, thank you .
Up for annual budget with debt agency, every year I get the problem that I get bonuses and additional job money if the additional work is available , can never possibly give a totally accurate amount, it's just not possible,even feasible if not unlikely that I make any bonus at all, so I only want to give my guaranteed take home pay, basically from my gross wage how do I work out what my actual take home would be, I work full time and single with no additional deductions other than, tax, national insurance and the basic pension amount.
Any advice and help extremely grateful, thank you .
0
Comments
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Hi,
What sort of debt arrangement do you have ?
An IVA ?
Debt management plan ?
Who is the provider of your arrangement ?I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
I'm working with Stepchange for unsecured debts , and one solicitors site for a secured loan0
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Ok,
So bonuses and overtime are never guaranteed are they.
Assuming this is a DMP we are talking about, i would not include them in your budget figures, your basic income is all thats required of you,
If you do get the extras, then do with them as you see fit, you cant include income in a budget that you might get, keep it factual.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
To work out take home pay use this , use advanced options to put in pension amount
http://www.moneysavingexpert.com/tax-calculator/0
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