Your results
- First salary: Salary = £50,000
- Annual NI = £4,231
- Annual PAYE = £9,627
- Annual net income = £36,141
- Monthly net income = £3,011
- Second salary: Salary = £52,073
- Annual NI = £4,272
- Annual PAYE = £10,456
- Annual net income = £37,344
- Monthly net income = £3,112
- Difference in salaries is £2,073 (4.15% increase).
- Difference in net monthly income is £100 (3.33% increase).
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