NET PAY CALCULATOR                                                                                          Tax Year                      2022/23
      Instructions
      [1] Read the "Small Print" below.
      [2] Enter in the green box your annual salary, as quoted in your letter of appointment
      [3] Read the "Estimated net pay per month" figure in the column for the pension scheme you contribute to.
                                                                 USS           ERSS (Band 1)     ERSS (Band 2)       ERSS (Band 3)      ERSS (Band 4) 
                                                                                                     Default
      Monthly gross salary                                 £                           -   £                           -   £                           -   £                           -   £                           - 
      Income Tax deducted each month                      -£                      210  -£                      210  -£                      210  -£                      210  -£                      210 
      Employee National Insurance deducted each month     -£                      109  -£                      109  -£                      109  -£                      109  -£                      109 
      Employee pension contributions each month            £                           -   £                           -   £                           -   £                           -   £                           - 
      Total reductions from salary per month              -£                      319  -£                      319  -£                      319  -£                      319  -£                      319 
      Estimated net pay per month                          £                      319   £                      319   £                      319   £                      319   £                      319 
      Small Print
      This calculator is intended to give an indication of your net pay. The information is indicative and should not be treated as definitive.
      The University will not accept any responsibility for decisions made based on this calculator
      Please note that the University Pay and Benefits Office cannot provide individual calculations for you.
      These figures are based on the current standard personal allowance for income tax which is reviewed each year by HMRC. Your actual tax 
      allowance, which will be notified to you by HMRC, may be different to this.
      This calculator works for individuals who pay tax at 20% or 40%. It does not work for 45% tax payers.
      This calculator assumes that you are contributing to one of the pension schemes shown above. Pension salary exchange does not apply.
      The "NIC" and "Income Tax" tabs are for calculation purposes only - you do not need to look at these!
      Updated by Pay & Benefits, April 2022
      If you notice any errors in this calculator, contact payandbenefits@exeter.ac.uk
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