uk-salary

Compare on net, not headline. A permanent package includes holiday, pension, sick pay and employer National Insurance that a day rate has to fund itself.

The median UK taxpayer earns about £29,700. The top 10% starts around £67,400 and the top 1% around £207,000.

A £45,000 offer with a 3% pension is worth less than a £43,000 offer with 8%, once employer contributions are counted.

Practical guide to UK income tax, National Insurance, take-home pay, salary calculations, student loans, pensions and PAYE deductions.

NHS Agenda for Change pay is banded, and the take-home figure matters more than the headline because the NHS pension is a large deduction.

Dropping from five days to four on GBP 45,000 costs GBP 6,480 of take-home, which is 18 percent, not the 20 percent the salary cut suggests.

A £35,000 full-time equivalent worked three days a week pays £21,000, leaving £18,639.60 after tax.

A £400 day rate is not £104,000 a year. At a realistic 220 billable days it is £88,000, and that is before employment costs.

Take-home pay, effective rates and marginal rates from £20,000 to £200,000, computed from HMRC rates and free to cite with attribution.

The National Living Wage is £12.71 an hour for workers aged 21 and over. At 37.5 hours a week that is £24,784.50 a year, or £21,364.44 after tax.

To take home £2,500 a month you need about £36,778 gross in England, and about £36,825 in Scotland.

£15 an hour at 37.5 hours a week is £29,250 a year, leaving £24,579.60 after tax and National Insurance.

There are two accepted methods and they give different answers, which is why your first payslip may not match what you expected.