Hi
Sorry, I'm sure this has been asked a million different ways (and is certainly explained in different ways dependent on which website I check), but I still can't quite get my head around this.
My payslip says (figures changed obviously!)
Salary £1000
Pension (£100)
Childcare Vouchers (£100)
Total Gross Pay £800
So, (obviously with caveats around charitable giving needing to be taken into account etc), my Adjusted Net Income would be £800 a month, is that right?
The terminology used on the .gov website to explain this is confusing me a bit ("pension payments paid gross" for example - I don't know what this means).
Any help would be greatly appreciated.
Thanks