Cash Car Allowance & Correct Net Pay

chrisbur

I can now see what happened when you used the MSE calculator.
You entered £50000 as your gross and 5% for pension and ticked I live in Scotland
This gave you a take home pay of £2891
You then entered £50000 as your gross and 5% as your pension and £4000 a year in the other allowances /deduction section as a deduction
This gave you a take home pay of £2754
The reason for this being lower is that this section (other allowances /deduction) is for things that are not on your payslip but that you have to pay tax on.  For example childcare vouchers .  You have to pay tax but they are not on your payslip so HMRC adjust your tax code so that you pay extra tax on the payslip.
Had you ignored this section and just added 4000 to your gross figure you would have got a take home figure of £3069 which is £178 higher than your first figure.
However for several reasons these figures are wrong for you.
First the pension that is on this calculator is a different sort of pension to the one you are in with your new employer.
Second you are not filling in the tax code you currently have so this calculator is assuming you have the standard tax code of 1257  Your code is 310  For this purpose only the numbers matter. This meant that for both calculations the calculator was giving you over £9000 a year extra tax allowance.
Third even had you used the correct tax code there is a fault in this calculator that would have given you no tax allowance for your code.

If you feel that your net pay on the new job is lower than you expected I think that is because you are on the tax code of S310T  probably non-cumulative and you were probably on a higher code earlier in the year.
Do you know why this code is now being used.  

penners324

I've just put that detail into a different tax calculator and you go from 2703 to 2883