No.postmanzach wrote: ↑10 Dec 2024, 06:17Should the pension not b added on as well? Figured was on about 15.34 b for tax and pension.dazzler123 wrote: ↑06 Dec 2024, 17:07Right so 534 divided by 37 hours, comes to around £14.43 an hour
Your pension contributions benefit from salary sacrifice(PSE).
In simple terms that means RM are paying that money instead of you, which results in the amount of your pay that's assessed for National Insurance purposes being lower by the amount you pay into your RM pension(inc AVC's, etc).
As employer NIC's are based on how much the employee earns, it means RM pay less NIC's aswell.