UK Monthly Salary & Income Tax Deduction Explained
In this video, we break down how monthly salaries work in the UK and explain how much money you actually take home after tax. Whether you're starting a new job, planning your budget, or just curious about how taxes work, this video will make things clear.
We’ll talk about gross salary (your total pay before deductions) and explain common deductions like:
Income Tax: How much you owe based on your earnings.
National Insurance: A contribution to benefits like healthcare and pensions.
We’ll also show real examples for different salary levels so you can see how much tax is taken out and how much you’re left with at the end of the month.
Our goal is to help you understand your payslip better and manage your finances with confidence. Watch until the end to get useful tips on how to calculate your take-home pay and make the most of your earnings.
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We are a Sri Lankan couple living in the UK, and we're excited to share our journey with you through travel, UK immigration updates, everyday life, and delicious Sri Lankan cookery! Whether you're planning to visit the UK, looking for immigration tips, or seeking some tasty recipes, you’ll find something here to enjoy.
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