Hello.
Can someone please help? I would like to apply for 30h free childcare for my DS but I'm totally confused about the 'adjusted net income' thing.
In my mind, the net income has always been the "take home" income one receives after all the tax has been taken off. But this doesn't seem to be the case?
Can someone please help me work out the adjusted net income based on the following info?
- Gross annual salary - £130,000
- Annual income from BTL property - £13,000
- Pension part on the payslip - £38,000 (annual)
- Tax to pay in this financial year is about £39,000
Thank you in advance.
xx