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stinky_daddy
stinky_daddy Posts: 452 Forumite
Part of the Furniture 100 Posts Photogenic
Hi

probably been asked (and answered) several times already, although could not find anything when I searched on certain keywords that might be applicable :(

I have recently started a new job (after being unemployed for several years due to an accident), and have just received my first payslip, however, I am being told that £6136 is deducted from the gross salary before any pension contribution is calculated - is this correct?

If yes, then what is the £6136 for / based on (surely it is not what the government believes you can survive on)?

While 5% is calculated on the remaining figure, it is not 5% of the gross salary which it should be, or am I looking at this completely wrong?

TIA

s_d
Sometimes I wonder...
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