This Payslip calculation provides an example payslip for an annual salary of £ 25,490.00
| PAYE Ref | Pay Date | Month | Tax Code | NI Class | NI Number | Department | Employee No. | Method |
| 0 | 0 | 1 | 0 | M | 0 | 0 | 0 | |
| Amount (£) | Payments | | £ 2,164.90 | Basic Pay | | | - | | | - | | | - | | £ 2,164.90 | Total Payments | | | | | | Amount (£) | Deductions | | £ 411.33 | PAYE | | £ 130.89 | National Insurance | | £ 108.25 | Company Pension | | | - | | £ 650.47 | Deductions | | £ 1,514.43 | Net Pay | |
| Gross Pay | PAYE | National Insurance | Pension Contributions |
| Employee | Employer | Employee | Employer | Total |
| Current Month | £ 2,164.90 | £ 411.33 | £ 130.89 | £ 177.16 | £ 108.25 | £ 64.95 | £ 173.19 |
| This Employment | £ 19,204.79 | £ 3,648.91 | £ 1,161.16 | £ 1,571.60 | £ 960.24 | £ 576.14 | £ 1,536.38 |
Payslip example by iCalculator for illustration purposes only.
£ 25,490.00 Tax Year Payslip Calculation for Annual Salary of £ 25,490.00
This Payslip Calculation provides an annual example of Salary Calculation for an Employee earning £ 25,490.00 per annum and is designed to provide a graphical illustration of the seperate Tax and Payslip elements. If you would like to see a periodic breakdown of the Payslip Calculation or view specific details of how each element of Tax, PAYE and NIC were calculated, please select one of the relevant calculations below.
The Payslip calculator is updated for 2023/24 tax year and uses 2023/24 tax year as default to produce the PAYE Calculations, tax illustration and graphical overviews below.
Payroll and Salary Deductions: The Basics
If you have never really looked at your payslip or perhaps it's your first job and the first time you have looked at a payslip, it is worth spending a few minutes getting to know what the different deductions and payroll details are. Understanding your payslip and payroll deductions allows you to identify potential errors and know what to do when mistakes are made so you can claim back any overpaid tax. The guides below are easy to read and designed to provide a basic understanding of payslip and payroll deductions.