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HSMP Extension - Net Salary

Archived UK Tier 1 (General) points system forum. This route no longer exists.

Moderators: Casa, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha, Administrator

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baba1
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Joined: Sat Dec 18, 2004 6:09 pm

HSMP Extension - Net Salary

Post by baba1 » Sun Jun 12, 2005 1:17 pm

Dear All,

I need to fill my HSMP extension this month. Please advice about section 8 question no. 37 which ask your net pay each month?? Is this mean pay after Tax??

Cheers,

Baba1

John
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Location: Birmingham, England
United Kingdom

Post by John » Sun Jun 12, 2005 4:33 pm

Looking at the wording of the Q37 supplementary question, ".... what is your net pay each month?", I think it is the amount of your pay after all deductions. For example, if your pay goes directly into your bank account, the amount that does indeed get transferred to your bank account.

And not just after deducting tax but also after deducting national insurance contributions, and indeed anything else detailed on the payslip.
John

baba1
Newly Registered
Posts: 18
Joined: Sat Dec 18, 2004 6:09 pm

Post by baba1 » Mon Jun 13, 2005 7:05 pm

Thanks John for your quick response. I also think its the net pay after deduction your tax + national Insurance.

Cheers

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