Pay Variations

Author
Discussion

Halmyre

Original Poster:

11,194 posts

139 months

Thursday 21st November 2019
quotequote all
A couple of idle wonderings:

My monthly pay is generally the same amount, plus or minus a few pence. But very so often there's as much as ~20p of difference (in the company's favour frown ), and it's always the tax, not the NI.

I've got a spreadsheet which calculates my tax using the government's list of tax and NI thresholds and rates. But the amount I calculate is out by about £5 (in my favour smile ). Yet the government's own tax calculator is accurate to within a few pence. I'm guessing there's some rounding involved, but I can't round up or down my own calculations in such a way to allow for a fiver's worth of discrepancy.