[Finance] October's Pay

MJsGhost

Oooh Matron, I'm an

NSC Patron

Jun 26, 2009

5,022

East

• Monday at 5:22 PM

• #21

How are we 20 posts in and nobody has suggested it's with the FA Cup money?

[clears throat]

Maybe it's with the FA Cup money?

As you were!

 

Harry Wilson's tackle

Harry Wilson's Tackle

NSC Patron

Oct 8, 2003

56,037

Faversham

• Monday at 5:33 PM

• #22

Jam The Man said:

Yep.. NI and Tax rose ... but no one can tell me why.

Click to expand...

In order that you pay more tax, I'll wager.

 

Harry Wilson's tackle

Harry Wilson's Tackle

NSC Patron

Oct 8, 2003

56,037

Faversham

• Monday at 5:34 PM

• #23

Weststander said:

With an identical tax coding in both months, I can think that your gross taxable pay differed.

Click to expand...

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

2,522

Shoreham-a-la-mer

• Monday at 6:05 PM

• #24

Jam The Man said:

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...

Click to expand...

Are you suddenly paying slightly higher pension contributions as you have reached a certain age?

 

Weststander

Well-known member

Aug 25, 2011

69,231

Withdean area

• Monday at 6:31 PM

• #25

Harry Wilson's tackle said:

Maybe there were fewer days in the month and the OP is paid by the day.

Click to expand...

Now you tell me. A load of us have been working on this all afternoon. #livid

 

Harry Wilson's tackle

Harry Wilson's Tackle

NSC Patron

Oct 8, 2003

56,037

Faversham

• Monday at 6:37 PM

• #26

Weststander said:

Now you tell me. A load of us have been working on this all afternoon. #livid

Click to expand...

Now you know why you always feel skint in March

 

Jam The Man

Well-known member

Jul 5, 2003

8,224

South East North Lancing

• Monday at 7:46 PM

• Thread starter
• #27

Weststander said:

With an identical tax coding in both months, I can think that your gross taxable pay differed.

Click to expand...

That was my first thought, but no chance there either.

 

Jam The Man

Well-known member

Jul 5, 2003

8,224

South East North Lancing

• Monday at 7:47 PM

• Thread starter
• #28

South Stand Bonfire said:

Are you suddenly paying slightly higher pension contributions as you have reached a certain age?

Click to expand...

For the first time in 6 months, my contribution went down

 

Jam The Man

Well-known member

Jul 5, 2003

8,224

South East North Lancing

• Monday at 7:48 PM

• Thread starter
• #29

Harry Wilson's tackle said:

Maybe there were fewer days in the month and the OP is paid by the day.

Click to expand...

Had literally exactly the same pay to the penny since April, until last month

 

Gazwag

5 millionth post poster

Mar 4, 2004

30,726

Bexhill-on-Sea

• Monday at 11:11 PM

• #30

Jam The Man said:

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

Click to expand...

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

8,224

South East North Lancing

• Tuesday at 7:04 AM

• Thread starter
• #31

Gazwag said:

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

Click to expand...

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

62,671

The Fatherland

• Tuesday at 7:13 AM

• #32

Harry Wilson's tackle said:

Maybe there were fewer days in the month and the OP is paid by the day.

Click to expand...

I’m paid by the hour. Those months with 23 working days are a blessing.

 

Ⓩ-Ⓐ-Ⓜ-Ⓞ-Ⓡ-Ⓐ

Hove / Παρος

Apr 7, 2006

6,765

Hove / Παρος

• Tuesday at 8:40 AM

• #33

Herr Tubthumper said:

I’m paid by the hour. Those months with 23 working days are a blessing.

Click to expand...

Same here, I get absolutely rinsed by Christmas every year and the bloody February comes along, although not too bad with the way the weeks fall in 2025.

 

Tim Over Whelmed

Well-known member

NSC Patron

Jul 24, 2007

10,655

Arundel

• Tuesday at 9:30 AM

• #34

Jam The Man said:

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...

Click to expand...

Employers do not have the ability to pass on NI Contributions