Your results
- First salary: Salary = £50,000
- Annual NI = £2,993
- Annual PAYE = £7,486
- Annual net income = £39,520
- Monthly net income = £3,293
- Second salary: Salary = £51,998
- Annual NI = £3,050
- Annual PAYE = £8,231
- Annual net income = £40,716
- Monthly net income = £3,393
- Difference in salaries is £1,998 (4% increase).
- Difference in net monthly income is £99 (3.03% increase).
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