Wage Calculator
Gross Pay to Date (£):
Gross Pay to Date:
£0.00
Base Calculation (÷ 100 × 5):
£0.00
After Tax (20% deduction):
£0.00
Tax Amount:
£0.00
After NI (8% deduction):
£0.00
NI Amount:
£0.00
Expected Amount:
£0.00
Formula:
Step 1: Base Calculation
Amount =
Gross Pay
100
× 5
Step 2: After Tax (20% deduction)
After Tax = Amount × (1 - 0.20)
After Tax = Amount × 0.80
Step 3: After NI (8% deduction)
Final Amount = After Tax × (1 - 0.08)
Final Amount = After Tax × 0.92
Combined Formula:
Final Amount =
Gross Pay
100
× 5 × 0.80 × 0.92