Following the update from Rishi Sunak, in this spring’s mini budget. I have updated the take home pay calculator for basic rate tax payers. This will reflect the new threshold for national insurance, changes to your pay will come into effect this July.
This tool will check what your take home pay will be, after paying National Insurence, Income Tax, Pension Contributions and any stock plans. Usually referred to as ‘Employee stock purchase programs’.
The tool will also calculate your pre and post tax hourly wage.