National Insurance increase from April 2016 (difference in take home...

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National Insurance increase from April 2016 (difference in take home pay tables)
Based on an increase of 1.4% on earnings between £676 & £3583 per calendar month for members of pension
schemes and a 1060L Tax Code
The tables are indicative only and are intended for general guidance. Individual staff will be able to see their
personal payslip which will be available on MyView from 27 April 2016
Final Salary (7.5% employee contributions)
USS
Pay
£40,000
£60,000
£80,000
£100,000
£125,000
£150,000
New Career Revaulued Benefits (8% employee contribution)
Difference in take
April 2016
home pay
March 2016
NI
279.53
332.65
365.98
399.31
440.98
482.65
Tax
440
966.92
1583.58
2200.25
2971.08
3741.92
Pension
250
375
500
625
781.25
937.5
Take home
£2,363.80
£3,325.43
£4,217.11
£5,108.77
£6,223.36
£7,337.93
Career Revalued Benefits (6.5% employee contribution)
USS
Pay
£40,000
£60,000
£80,000
£100,000
£125,000
£150,000
March 2016
NI
279.53
332.65
365.98
399.31
440.98
482.65
Tax
446.67
986.92
1610.25
2233.58
3012.75
3791.92
Pension
216.67
325.00
433.33
541.67
677.08
812.50
Take home
£2,390.47
£3,355.43
£4,257.10
£5,158.78
£6,285.85
£7,412.93
SAUL FS and CARE (6% employee contribution)
SAUL
Pay
£18,000
£22,000
£24,000
£26,000
£28,000
£30,000
£34,000
NI
85.19
120.53
138.19
155.86
173.53
191.19
208.86
Tax
105.33
170
199.33
230.67
262
293.33
322.67
Pension
90
110
120
130
140
150
170
NHSPS
Tax
60.83
138
194.93
428
866.92
2083.17
3397.89
MRC
Tax
135
290.83
446.67
675.25
986.92
1298.58
1610.25
Take home
£2,310.59
£3,268.94
£4,155.60
£5,042.26
£6,150.60
£7,258.94
Take home
£1,219.48
£1,432.80
£1,542.48
£1,650.14
£1,757.80
£1,865.48
£2,131.80
-£53.21
-£56.49
-£61.51
-£66.51
-£72.76
-£78.99
Tax
436.67
953.33
1566.67
2180
2945.67
3713.33
Pension
266.67
400
533.33
666.67
833.33
1000
Take home
£2,310.59
£3,268.94
£4,155.60
£5,042.26
£6,151.60
£7,258.94
-£79.87
-£86.49
-£101.51
-£116.51
-£134.26
-£153.99
SAUL New CARE Scheme (6% employee contribution)
NI
99.4
139.4
159.4
179.4
199.4
219.4
239.4
Difference in take
home pay
Tax
105.33
170
199.33
230.67
262
293.33
322.67
Pension
90
110
120
130
140
150
170
Take home
£1,205.27
£1,413.93
£1,521.27
£1,626.60
£1,731.93
£1,837.27
£2,101.26
-£14.21
-£18.87
-£21.21
-£23.54
-£25.87
-£28.21
-£30.54
1995, 2008 & 2015 Sections
Pension
63
93
142
310
625
1013
1571
Pension
108
163
217
271
325
379
433
Difference in take
home pay
April 2016
Take home
£1,067.98
£1,332.47
£1,524.88
£2,315.80
£3,175.43
£4,021.68
£5,415.30
NI
69.4
119.4
159.4
319.4
377.73
427.73
494.4
Tax
60.83
138
194.93
428
863.33
2079.58
3394.31
Pension
63
93
142
310
625
1,013
1,571
Take home
£1,057.27
£1,315.93
£1,503.67
£2,275.93
£3,133.94
£3,980.19
£5,373.79
-£10.71
-£16.54
-£21.21
-£39.87
-£41.49
-£41.49
-£41.51
MRC (6.5% employee contribution)
March 2016
NI
102.86
191.19
279.53
315.98
332.65
349.31
365.98
Pension
266.67
400
533.33
666.67
833.33
1000
April 2016
MRC (6.5% employee contribution)
Pay
£20,000
£30,000
£40,000
£50,000
£60,000
£70,000
£80,000
NI
319.4
377.73
411.07
444.4
486.07
527.73
March 2016
NI
58.69
102.86
138.19
279.53
332.65
382.65
449.31
Tax
436.67
953.33
1566.67
2180
2946.67
3713.33
New Career Revaulued Benefits (8% employee contribution)
Difference in take
April 2016
home pay
March 2016
1995, 2008 & 2015 Sections
Pay
£15,000
£20,000
£24,000
£40,000
£60,000
£90,000
£130,000
NI
319.4
377.73
411.07
444.4
486.07
527.73
Difference in take
home pay
April 2016
Take home
£1,320.48
£1,855.48
£2,390.46
£2,904.61
£3,355.43
£3,806.27
£4,257.11
NI
119.4
219.4
319.4
361.07
377.73
394.4
411.07
Tax
135
290.83
446.67
671.67
983.33
1295
1606.67
Pension
£108.3
162.5
216.67
270.83
325
379.17
433.33
Take home
£1,303.94
£1,827.27
£2,350.59
£2,863.10
£3,313.94
£3,764.76
£4,215.60
-£16.54
-£28.21
-£39.87
-£41.51
-£41.49
-£41.51
-£41.51
Tier 1 (5% employee)
Tier 2 (5.6% employee)
Tier 3 (7.1% employee)
Tier 4 (9.3% employee)
Tier 5 (12.5% employee)
Tier 6 (13.5% employee)
Tier 7 (14.5% employee)
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