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take home salary on £17k

5 replies

starsinhereyes · 30/04/2007 17:57

Does anyone know roughly what this would be monthly after tax, NI and student loan deductions? I'm not paying into a pension (as yet).

OP posts:
Homebird8 · 30/04/2007 18:24

Don't know what your student loan deduction would be, but a rough rule of thumb for salary less tax and NI is £50 for every £1000 of salary. This would mean 17 x 50 = £800 take home each month, minus your student loan amount. It's only rough but it gets you in the right ball park.

Gobbledigook · 30/04/2007 18:31

Hmm, I think it would be more than that. I'm sure that 6 million years ago when I started working life on £15,500ish I was bringing home about £900.

I think somewhere between £900 and £1000.

But how much student loan are you paying? Do you have to pay it back when you earn £17K?

starsinhereyes · 30/04/2007 18:50

It's 9% of net earnings over £15k (unless they have changed it again) so it won't be a huge amount at first.

OP posts:
islandofsodor · 30/04/2007 23:17

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wohmum · 02/05/2007 23:27

There's a website that you can enter your gross salary and it hows what's left after tax and Ni.
search tax calculation on google . looks like 17k gives you £1115 per month.

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