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Need a little advice, my take home pay is different to whats calculated...
MangyDog
Posts: 34 Forumite
So I've been using this https://www.thesalarycalculator.co.uk/salary.php to calculate my take home pay estimates...
I earn 38K a year. According to the calculator my PAYE should be £423.83 and NI £169.53
But the actual deductions were £441.20 and £176.49
Not wildly different but nearly a weeks shopping.
But I also have a NEST payment of 109.37 and my total income this month came to £2527.11, but the calculator brings it to £ 2,573.31.... Tbh Im finding this odd discrepancies more confusing than troubling. I dont think the work place is doing anything dodgy, just things are being calculated differently...
Whats your thoughts? Should I be worried?
I earn 38K a year. According to the calculator my PAYE should be £423.83 and NI £169.53
But the actual deductions were £441.20 and £176.49
Not wildly different but nearly a weeks shopping.
But I also have a NEST payment of 109.37 and my total income this month came to £2527.11, but the calculator brings it to £ 2,573.31.... Tbh Im finding this odd discrepancies more confusing than troubling. I dont think the work place is doing anything dodgy, just things are being calculated differently...
Whats your thoughts? Should I be worried?
0
Comments
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You shouldn't be worried but unless you know how the calculator is built it's difficult to get the correct answer.MangyDog said:So I've been using this https://www.thesalarycalculator.co.uk/salary.php to calculate my take home pay estimates...
I earn 38K a year. According to the calculator my PAYE should be £423.83 and NI £169.53
But the actual deductions were £441.20 and £176.49
Not wildly different but nearly a weeks shopping.
But I also have a NEST payment of 109.37 and my total income this month came to £2527.11, but the calculator brings it to £ 2,573.31.... Tbh Im finding this odd discrepancies more confusing than troubling. I dont think the work place is doing anything dodgy, just things are being calculated differently...
Whats your thoughts? Should I be worried?
Does your payslip show your taxable and NIC'ble pay as £3166.66?
What is your tax code?
0 -
1257L
As for the other question i cant see anything.... my gross was 3254.170 -
ok......... maybe im actually being paid 39k
I realign the take home calc to 39 and everything nearly lines up... a few pennies off but otherwise... Yeah that might make sense. 0 -
MangyDog said:ok......... maybe im actually being paid 39k
3254.17 x 12 is 39050.04 so yes, i seems you are
N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.1 -
MangyDog said:I'd suggest leaving it, it's not doing any harm and no-one is going to think any the less of you as a result
N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.1 -
Not wasting time, well worth it given you have had a £1,000 pay rise this afternoon 😉MangyDog said:2
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