4

For a given salary, how do I work out what would be paid into my bank each month?

The Income Tax part is explained for the main part in this question, but I can't make sense of the National Insurance part. The sources I can find all site weekly pay!

3

http://listentotaxman.com/ has a great calculator that gives you the results in yearly, monthly and weekly wage.

3

Most employees will be in NI category A. In the 2015/16 tax year a category A employee paid monthly pays:

0% on earnings below £672/month
12% on earnings from £672 to £3532/month
2% on earnings above £3532/month

Source

1

http://www.thesalarycalculator.co.uk/salary.php is also good, and pretty much identical to the listentotaxman one (with slightly less detail). I just prefer the colour scheme.

protected by Ganesh Sittampalam Nov 19 '15 at 6:25

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