Your results
- First salary: Salary = £50,000
- Annual NI = £4,858
- Annual PAYE = £7,500
- Annual net income = £37,641
- Monthly net income = £3,136
- Second salary: Salary = £51,000
- Annual NI = £4,880
- Annual PAYE = £7,900
- Annual net income = £38,219
- Monthly net income = £3,184
- Difference in salaries is £1,000 (2% increase).
- Difference in net monthly income is £48 (1.53% increase).
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