If I divide that by 12, I will earn around 2.7k a month. The pay calculator spreadsheet below has been created to help you estimate various aspects of your salary and work out how much you ought to be receiving and paying. Location is North West of England for what it's worth. Close. Choose your age on 6th April at the start of the tax year you are interested in. You'll be able to see the gross salary, taxable amount, tax, national insurance and student loan repayments on annual, monthly, weekly and daily bases. If you are being awarded a bonus by your employer, enter the £ value of this bonus and choose your normal pay period. If this applies to you, tick the "No NI" box. Take-home pay can differ significantly from the gross pay rate. First job was £38k, take home about £2200 a month on general med with lots of on calls, nights, weekends. Enter the number of hours, and the rate at which you will get paid. Some deductions are made before tax (such as charitable giving or Give As You Earn), others are taken after tax. As an example, an hourly-waged employee making $15/hour and working 80 hours per pay period has a gross pay of $1,200 (15 x … For an estimate of your take-home pay, please fill in your salary below. Guide to 'getting paid' Our salary calculator indicates that on a £16,200 salary (gross income of £16,200 per year) you receive take home pay of £14,656 (a net wage of £14,656). Is is possible for an F1/F2 to live alone in London with this salary? If your overtime payments or bonuses are subject to pension contributions, tick these boxes (these apply automatically to auto-enrolment pensions). Basic pay: £28,243.00 ; Additional pay (5 hours per week at basic rate): £3,530.38 Pension contributions are estimates, click to learn more about pension contributions on The Salary calculator. More information is available on the About page. Tick the relevant box(es) to see the deductions. Press J to jump to the feed. Filter by location to see FY1 salaries. You pay tax on the value of these benefits, but not National Insurance. If you have other deductions which are taken out of your pay each month, enter them into the fields provided. FY1 Salary after taxes. When you're done, click on the "Calculate!" Thanks!! Budget 2020-21 update This calculator has now been updated with tax changes set out in the October 2020 Budget. Pay scale and pay premia information for Junior Doctors and Dentists in training. If your course started on or after 1st September 2012 and you lived in England or Wales, you will repay your loan through Plan 2. What value of childcare vouchers do you receive from your employer? When factoring in bonuses and additional compensation, a FY1 Doctor at NHS can expect to make an average total pay of £31,552. button, and the table on the right will display the information you requested from the tax calculator. Salary estimates are based on 9 salaries submitted anonymously to Glassdoor by FY1 employees. If you make $52,000 a year living in the region of Ontario, Canada, you will be taxed $11,959.That means that your net pay will be $40,041 per year, or $3,337 per month. This makes their net (take home) pay £2,266.02 a month. Basic salary for junior doctors starts at about £23,000 but increases in the second year to about £28,000 (Pay for doctors - NHS Careers). Find out the benefit of that overtime! If you are earning a bonus payment one month, enter the £ value of the bonus into the bonus box for a side-by-side comparison of a normal month and a bonus month. in your area. This estimate is based upon 11 NHS FY1 Doctor salary report (s) provided by employees or estimated based upon statistical methods. To make sure this cap is applied to your calculations, tick the box. If your salary is £37,500, then after tax and national insurance you will be left with £29,140. If you receive Childcare vouchers as part of a salary sacrifice scheme, enter the value of the vouchers you receive each month into the field provided. There’s a BMA spreadsheet thing [https://www.bma.org.uk/media/3333/bma-junior-doctors-contracts-pay-tables-oct20.pdf] (here) which can give an overview of what you can expect in terms of gross pay. My average hours were just under 48 pw and I took home approx 38k pa. After tax/NI: probably around 2200 per month. On a salary of £32,793 a year you would have to pay the following: Tax and national insurance - £8,358.23. I was on 36k in F1. Your average tax rate is 23.00% and your marginal tax rate is 35.26%.This marginal tax rate means that your immediate additional income will be taxed at this rate. There are now three repayment methods for Student Loans, which are known as Plan 1, Plan 2 and Postgraduate Loans. Could anyone give me an idea how much you actually tend to take home a month as an F1? Deductions before tax should go in the "Pre-tax" box, and those taken after tax should go in the "After tax" box. As a doctor in training you will earn a basic salary for 40 hours per week, plus pay for additional hours worked, 37% enhancement for nights, weekend allowance for weekend work, on call allowance and other possible pay premia. More information is available here and here. ... Use the calculator to work out an approximate gross wage from what your employee wants to 'take home'. In year two this increases to £32,691. The national average salary for a FY1 is £27,500 in United Kingdom. New! If this applies to you, tick this box and the calculator will use your full salary to work out the pension contributions to apply. Use our pay band calculator. Our calculator makes it easy to convert your employee's net pay into a gross salary. To collect your Pay & Collect order you will be required to produce the Debit or Credit card (unless you paid via bank transfer) that you used to make your payment, your email order confirmation and one of the following forms of identification: 1 x Proof Of ID. It can also be used to help fill steps 3 and 4 of a W-4 form. Sort by: Default Default Review Score Highest Review Score Most Reviews Most Reviews. Check your tax code - you may be owed £1,000s: free tax code calculator Transfer unused allowance to your spouse: marriage tax allowance Reduce tax if you wear/wore a uniform: uniform tax rebate Up to £2,000/yr free per child to help with childcare costs: tax-free childcare Take home over £500/mth? first year of a two-year programme for doctors who have just graduated from medical school Study are repaid through the Postgraduate Loan Plan wish to calculate these boxes these... Code box for a more accurate take-home pay n't really know much about the ins outs... 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