Are the figures correct?

sultan123

https://www.nhspay.co.uk/NHS-Band-8D-Pay.php

I am looking at the calculations om this page for £90,837 but net home seems rather low for such a wage?

chrisbur

For some reason they are using 13.50% and 3.5% instead of 13.25% and 3.25% for NI otherwise looks near enough correct.
Cannot quite agree the figure for NI even allowing for showing the wrong rates;  HMRC NI calculator gives £554.64

Are the NHS paying extra NI to help fund the NHS?

From....
https://www.nhspay.co.uk/National-Insurance.php

"From 1st April 2022 all National Insurance contributions will increase by 1.5%

• If you earn less than £9,880 a year or £823 a month you will pay 0% national insurance. This means non of your pay will be used (or taken away) to pay National Insurance;
• If you earn between £823.01 and £4,189 a month, or between £9,880 and £50,270.01 a year you will pay 13.5% on earnings between these figures;
• If you earn over £4,189 a month or £50,270 a year you will pay 3.5% on all earnings over these amounts and 13.5% on earnings between £823.01 and £4,189 a month or £9,880 and £50,270 a year. The cost of the 13.5% being £454.41 a month or £5,452.65 year."

sultan123

chrisbur said:

For some reason they are using 13.50% and 3.5% instead of 13.25% and 3.25% for NI otherwise looks near enough correct.
Cannot quite agree the figure for NI even allowing for showing the wrong rates;  HMRC NI calculator gives £554.64

Are the NHS paying extra NI to help fund the NHS?

From....
https://www.nhspay.co.uk/National-Insurance.php

"From 1st April 2022 all National Insurance contributions will increase by 1.5%

• If you earn less than £9,880 a year or £823 a month you will pay 0% national insurance. This means non of your pay will be used (or taken away) to pay National Insurance;
• If you earn between £823.01 and £4,189 a month, or between £9,880 and £50,270.01 a year you will pay 13.5% on earnings between these figures;
• If you earn over £4,189 a month or £50,270 a year you will pay 3.5% on all earnings over these amounts and 13.5% on earnings between £823.01 and £4,189 a month or £9,880 and £50,270 a year. The cost of the 13.5% being £454.41 a month or £5,452.65 year."

But it just seems net pay is a little low for 90k gross annual wage? Or is that the challenge with NI increases

Grumpy_chap

sultan123 said:

https://www.nhspay.co.uk/NHS-Band-8D-Pay.php

I am looking at the calculations om this page for £90,837 but net home seems rather low for such a wage?

If you have been offered a job on that pay scale, this specific calculator is probably better than any generic calculator.  Have you taken account the pension contributions if using any alternative calculator as comparison?

Is this different to the jobs you were looking at a couple of months back?

sultan123

Grumpy_chap said:

sultan123 said:

https://www.nhspay.co.uk/NHS-Band-8D-Pay.php

I am looking at the calculations om this page for £90,837 but net home seems rather low for such a wage?

If you have been offered a job on that pay scale, this specific calculator is probably better than any generic calculator.  Have you taken account the pension contributions if using any alternative calculator as comparison?

Is this different to the jobs you were looking at a couple of months back?

Hey, hope you are well.

This is actually for a friend who I am helping out as he used generic calculator but I found this specific webpage.

Never knew NI contributions were more in NHS?!

Grumpy_chap

Well, generic salary calculator is just over £5k.
NHS calculator is £4,385 but that is after £1k pension deduction.
NHS pension is one of the best and, I think, final salary, so worth more than £1k into a private pension.

chrisbur

sultan123 said:

Grumpy_chap said:

sultan123 said:

https://www.nhspay.co.uk/NHS-Band-8D-Pay.php

I am looking at the calculations om this page for £90,837 but net home seems rather low for such a wage?

If you have been offered a job on that pay scale, this specific calculator is probably better than any generic calculator.  Have you taken account the pension contributions if using any alternative calculator as comparison?

Is this different to the jobs you were looking at a couple of months back?

Never knew NI contributions were more in NHS?!

To the best of my knowledge they are not, I think this is just a bit of a !!!!!!-up.

sultan123

Grumpy_chap said:

Well, generic salary calculator is just over £5k.
NHS calculator is £4,385 but that is after £1k pension deduction.
NHS pension is one of the best and, I think, final salary, so worth more than £1k into a private pension.

Does generic calc take pension into account?

sultan123

chrisbur said:

sultan123 said:

Grumpy_chap said:

sultan123 said:

https://www.nhspay.co.uk/NHS-Band-8D-Pay.php

I am looking at the calculations om this page for £90,837 but net home seems rather low for such a wage?

If you have been offered a job on that pay scale, this specific calculator is probably better than any generic calculator.  Have you taken account the pension contributions if using any alternative calculator as comparison?

Is this different to the jobs you were looking at a couple of months back?

Never knew NI contributions were more in NHS?!

To the best of my knowledge they are not, I think this is just a bit of a !!!!!!-up.

Ah ok without the error what would be take home?

Marcon

sultan123 said:

Grumpy_chap said:

Well, generic salary calculator is just over £5k.
NHS calculator is £4,385 but that is after £1k pension deduction.
NHS pension is one of the best and, I think, final salary, so worth more than £1k into a private pension.

Does generic calc take pension into account?

What did you enter for the pension?

sultan123

Marcon said:

sultan123 said:

Grumpy_chap said:

Well, generic salary calculator is just over £5k.
NHS calculator is £4,385 but that is after £1k pension deduction.
NHS pension is one of the best and, I think, final salary, so worth more than £1k into a private pension.

Does generic calc take pension into account?

What did you enter for the pension?

Grumpy chap used that one so no idea