UK Hourly Rate Salary Calculator
The Costrak salary calculator Android and Iphone Apps include a hour pay rate salary calculator. Using the calculator you can
calculate the net pay after tax for a given hour rate of pay, to get your take home pay. This works out an estimate of the PAYE and national insurance contributions (NIC).
To use the hourly rate salary calculator, you will be required to provide the following information.
– Hourly rate of pay
- Hours worked per week
– Your taxcode if you know it
– Student loan plan if relevant
Once you have input these into the hourly rate salary calculator, simply press the compute button to obtain the figures You will get the figures for
Take home pay
Pay as you earn tax
National insurance contributions
You also have the option to get the figures for Annual, monthly, weekly and daily pay.