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Reducing hours- how to work out new take home pay

7 replies

yorkshapudding · 22/11/2017 18:32

I currently work 5 days a week term time only. I would like to drop a day so that I can take my DD to school and pick her up one day a week and to catch up on housework etc.

So am I right in thinking that if I went from doing 5 days a week to 4 my take home pay would be 80% of what I currently get? So if I currently take home £20k a year I would drop to £16k.
DH reckons I would take home a bit more than 80% because tax, NI etc would go down but neither of us really knows.

Is there a way to find out exactly what my take home pay would be if I reduced my hours?

Sorry if this is a stupid question. Maths really isn't my strong point.

OP posts:
CottonSock · 22/11/2017 18:33

Try an online calculator. Should be accurate.

Chasingsquirrels · 22/11/2017 18:34

Find a pay slip.
Check your gross and multiple by 0.8.
Put details into m.thesalarycalculator.co.uk

Slowtrain2dawn · 22/11/2017 18:34

There’s a website, google “salary calculator”

BakedBeans47 · 22/11/2017 19:04

I am sure I responded to this yesterday - have you posted the same post again?

Anyway look at www.salarybot.co.uk

yorkshapudding · 22/11/2017 19:30

Apologies, must have posted again by accident. Not sure how that happened. Will ask for it to be deleted.

OP posts:
BakedBeans47 · 22/11/2017 19:42

Haha not to worry I wondered if I was imagining things! Xx

FeryOX · 01/06/2018 20:52

There is no better place to break-down your salary and visually represent your take-home pay than this tax calculator . It's highly interactive and helps you see the tax and NI bands like no other tax calculator. I hope it helps ;)

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