Pay this year

[Newnamenewopenme]

Hi all, I’m looking at starting a mortgage application soon so am trying to budget accordingly. This year I am moving up to ups1, does anyone know what the monthly take home pay for that is please? Or what it was last year so I have a rough estimate of what to expect.

I tried using an online calculator and it made me look like I was getting a pay cut 😂 I’m still paying student loans and I’m in the pension scheme paying the standard amount.

If you don’t want to put it on here please message me.

Thanks!

It definitely shouldn't be a pay cut, but you may go up student loan and pension percentages. The online calculators are relatively accurate!

I can't help as I had a TLR on top.

You can find the pension percentages on the teacher pension website.

It will depend where you are in the country.
This might help neu.org.uk/pay-scales-2020-2021combined with salary calculator website. Others' take home pay won't help as it depends what your student loan, pension etc situation is.

You pay higher rate tax on any salary over £37,501. Combined with the higher pension and student loan contributions, could that account for what you’re seeing in the calculation?

@ThanksItHasPockets

You pay higher rate tax on any salary over £37,501. Combined with the higher pension and student loan contributions, could that account for what you’re seeing in the calculation?

In England you pay higher rate tax on earnings over £50000!

The tax rate doesn't penalise though, earning more money should always lead to more money tax wise. It may be pensions and student loan taking it down however.

Oops, sorry

I had my pension % wrong! I don’t think I had woke up properly when I was figuring it out, I didn’t realise it had the amounts on the teachers pensions website. Thanks everyone