Your results
- First salary: Salary = £50,000
- Annual NI = £4,333
- Annual PAYE = £9,200
- Annual net income = £36,466
- Monthly net income = £3,038
- Second salary: Salary = £51,000
- Annual NI = £4,353
- Annual PAYE = £9,600
- Annual net income = £37,046
- Monthly net income = £3,087
- Difference in salaries is £1,000 (2% increase).
- Difference in net monthly income is £48 (1.59% increase).
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