MARTIN Lewis’ MoneySavingExpert has created a calculator to help you work out if you’re set to get a pay rise within days. Millions of workers are set to take home more money in next mo…
You'll need to enter your pre-tax salary, age bracket and a couple of other details.
According to the tool, someone earning £20,000 in the current tax year will have take home pay of £17,440.Your current monthly take-home pay would be £1,431 - but after the change to National Insurance, that would rise to £1,461.But not everyone will enjoy a pay boost.The MSE calculator showed that this worker would see their take-home pay drop from £2,321 a month at the moment, to £2,351 from July.
Of course, these are just indications - the actual amount you will take home will depend on other factors such as whether you pay into a
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