thesalarycalculator.co.uk : Two Salary Comparison Calculator England
Name of the Organization : UK Tax Salary Calculator
Type of Facility : Two Salary Comparison Calculator
Country : United Kingdom
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Website : http://www.thesalarycalculator.co.uk/
Two Salary Comparison Calculator:
To help you if you have a possible promotion or are looking at a new job, you can now compare two different salaries side-by-side.
Related : Pay Check Registration of New PAYE Schemes London : www.statusin.org/7058.html
Easily see how much your take home pay would change, over the year or just month to month. Get started with Two Salary Comparison Calculator to see how much better off that new job could make you.
If you have several debts in lots of different places (credit cards, car loans, overdrafts etc), you might be able to save money by consolidating them into one loan. The Debt Consolidation Calculator can help you start comparing debt consolidation loans. Click here to get started!
Perhaps you’re thinking of applying for a job, or a promotion, and you want to know what difference the change in pay will make to you. Maybe you want to know what salary will support your intended lifestyle. The tax calculator will help you see how the government’s deductions impact what you get to take home. Even if you’re considering different mortgages, we can give you something to think about.
Calculate Here : http://www.thesalarycalculator.co.uk/salaries.php
How to use the Two Salary Comparison Calculator:
This calculator allows you to compare two salaries side-by-side. To get started, enter the first salary into “Old Salary” and the second into “New Salary”.
If you are earning a bonus payment one month, enter the £ value of the bonus into the bonus box for a side-by-side comparison of a normal month and a bonus month.
Find out the benefit of that overtime! Enter the number of hours, and the rate at which you will get paid. For example, for 5 hours a month at time and a half, enter 5 @ 1.5. There are two options in case you have two different overtime rates. To keep the calculations simple, overtime rates are based on a normal week of 37.5 hours.
If you know your tax code, enter it into the tax code box for a more accurate take-home pay calculation. If you are unsure of your tax code just leave it blank and the default code will be applied.
If you have a pension which is deducted automatically, enter the percentage rate at which this is deducted and choose the type of pension into which you are contributing. Pension contributions are estimates, click to learn more about pension contributions on The Salary calculator.
If you receive Childcare vouchers as part of a salary sacrifice scheme, enter the value of the vouchers you receive each month into the field provided. If you signed up for the voucher scheme before 6th April 2011, tick the box – this affects the amount of tax relief you are due.
Select your age range from the options displayed. If you are married, tick the “Married” box. Similarly, tick the “Blind” box if you are blind.
New! If you do not pay National Insurance, for example, if you are over State Pension Age, tick the “No NI” box.
New! There are now two repayment methods for Student Loans, which are known as Plan 1 (same as the original method) and Plan 2. If you are repaying a student loan for a course which started before 1st September 2012, tick “Plan 1”, if you are repaying a student loan for a course which started on or after 1st September 2012, tick “Plan 2”.
You can now choose the tax year that you wish to calculate. By default, the 2014 / 15 tax year is applied but if you wish to see salary calculations for other years, choose from the drop-down.
When you’re done, click on the “Go!” button, and the table on the right will display the information you requested from the tax calculator. You’ll be able to see the gross salary, taxable amount, tax, national insurance and student loan repayments on annual, monthly, weekly and daily bases.