[Finance] October's Pay

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Harry Wilson's tackle

Harry Wilson's Tackle
NSC Patron
Oct 8, 2003
56,277
Faversham


Harry Wilson's tackle

Harry Wilson's Tackle
NSC Patron
Oct 8, 2003
56,277
Faversham
With an identical tax coding in both months, I can think that your gross taxable pay differed.
Maybe there were fewer days in the month and the OP is paid by the day.
 


South Stand Bonfire

Who lit that match then?
NSC Patron
Jan 24, 2009
2,547
Shoreham-a-la-mer
Did anyone else suffer a small net pay drop in October?
My employers are saying they've changed nothing, so I called HMRC and they claim nothing has changed... yet I'm £35 out of pocket.
I know it's not much, but it's still £400 a year.

Google says employers might be passing on NI contribution increases to employees...
Are you suddenly paying slightly higher pension contributions as you have reached a certain age?
 






Harry Wilson's tackle

Harry Wilson's Tackle
NSC Patron
Oct 8, 2003
56,277
Faversham


Jam The Man

Well-known member
Jul 5, 2003
8,227
South East North Lancing
With an identical tax coding in both months, I can think that your gross taxable pay differed.
That was my first thought, but no chance there either.
 






Jam The Man

Well-known member
Jul 5, 2003
8,227
South East North Lancing


Gazwag

5 millionth post poster
Mar 4, 2004
30,754
Bexhill-on-Sea
My NI, Tax and Pension payments had been exactly the same for the past 6 months, but then in October then all fluctuated.
NI and Tax contribution slightly up
Pension contribution slightly down
Are your pension payments under salary sacrifice so maybe for some reason your pension payments decreased which is maybe why your tax and NI increased, it's too late to get my head around if that works
 


Jam The Man

Well-known member
Jul 5, 2003
8,227
South East North Lancing
Are your pension payments under salary sacrifice so maybe for some reason your pension payments decreased which is maybe why your tax and NI increased, it's too late to get my head around if that works
Nope.
It’s a weird one. I have another catch up with HR this week as HMRC are saying nothing should have changed
 




Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,763
The Fatherland




Tim Over Whelmed

Well-known member
NSC Patron
Jul 24, 2007
10,660
Arundel
Did anyone else suffer a small net pay drop in October?
My employers are saying they've changed nothing, so I called HMRC and they claim nothing has changed... yet I'm £35 out of pocket.
I know it's not much, but it's still £400 a year.

Google says employers might be passing on NI contribution increases to employees...
Employers do not have the ability to pass on NI Contributions
 




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