While wondering what to do about my pension a couple of weeks back, and starting a new job, I decided that I had no clue what my new take-home pay would be. I spent some time (a lot of time) making this handy payslip calculator.
It will calculate the tax, NI, student loan, and pension deductions from your PAYE salary and give an idea of what your take-home would look like.
It is useful for playing around with pension percentages to see what impact it will have on your income without having to ask payroll.
Its very simple to use; just enter your salary, pension % and select the relevant student loan settings and it will calculate all for you.
If your salary is over £150,000, you are very lucky, and this calc won’t work for the 45% rate.
