Your results
- First salary: Salary = £50,000
- Annual NI = £4,270
- Annual PAYE = £9,403
- Annual net income = £36,326
- Monthly net income = £3,027
- Second salary: Salary = £52,066
- Annual NI = £4,312
- Annual PAYE = £10,229
- Annual net income = £37,524
- Monthly net income = £3,127
- Difference in salaries is £2,066 (4.13% increase).
- Difference in net monthly income is £99 (3.3% increase).
Solutions for Contractors:
Check your IR35 Status for FREE
Use IR35 Shield to check your status NOW!
