Your results
- First salary: Salary = £50,000
- Annual NI = £4,964
- Annual PAYE = £7,500
- Annual net income = £37,535
- Monthly net income = £3,127
- Second salary: Salary = £52,073
- Annual NI = £5,008
- Annual PAYE = £8,329
- Annual net income = £38,736
- Monthly net income = £3,228
- Difference in salaries is £2,073 (4.15% increase).
- Difference in net monthly income is £100 (3.2% increase).
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