[Finance] October's Pay

[MJsGhost]

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]

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

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

 

[Harry Wilson's tackle]

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]

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?

 

[Weststander]

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

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

 

[Harry Wilson's tackle]

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

Now you know why you always feel skint in March

 

[Jam The Man]

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]

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

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

 

[Jam The Man]

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

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

 

[Gazwag]

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]

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]

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

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

 

[Ⓩ-Ⓐ-Ⓜ-Ⓞ-Ⓡ-Ⓐ]

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

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]

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