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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To ask your take home pay

3 replies

namechangedfinancial · 10/05/2024 18:08

I've name changed for this.

Hugely aware this is very personal and various factors such as pension etc are factored in.

What is your take home if you're on £50k?

I'm currently on 37.5k and take home is £2200.

I don't have a student loan. Presuming new take home will be about £2600. I've tried salary calculators but they seem wildly inflated and I don't want to get too excited.

OP posts:
TheBiscuitStrikesBack · 10/05/2024 18:09

Why would the salary calculator be inflated? Remember it likely wont take pension contributions into account.

ComtesseDeSpair · 10/05/2024 18:12

If no student loan, no pension contributions, no taxable benefits etc then it should be almost £3,300 a month. Use this take-home calculator - as long as you enter all of the above correctly, you’ll get the right result.

https://www.thesalarycalculator.co.uk/

The Salary Calculator - 2024 / 2025 Tax Calculator

The Salary Calculator tells you monthly take-home, or annual earnings, considering UK Tax, National Insurance and Student Loan. The latest budget information from April 2024 is used to show you exactly what you need to know. Hourly rates, weekly pay an...

https://www.thesalarycalculator.co.uk/

StarsOnAMat · 10/05/2024 18:14

I’m on £48.5k and my bottom line is about £2600. Pension contributions are 13.5% though, about £550 a month and I have union/insurance fees of about £40. Scottish income tax levels apply.

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