Net pay calculator lower salary

bmcb · 26-07-2019 04:34PM #1

Wondering if anyone could help me. I’m currently on €45,000 approx. and am now looking at another job paying €35,000 approx. I know a huge drop in salary but due to travel and working hours I’m interested in the lesser paid job. I thought perhaps when I take tax and travel costs into account there may not be that big of a difference. I wonder if anyone would know? Thanks in advance

dancingqueen · 26-07-2019 04:36PM

https://taxcalc.ie/budget-2019/

vandriver · 26-07-2019 04:36PM

What tax credits do you have,and what is your standard rate cut off point?
(But roughly,about a ton a week down!)

myshirt · 26-07-2019 04:38PM

Don't dare take a 10k pay cut. That's outrageous. Have you a mortgage or anything?

vandriver · 26-07-2019 04:40PM

myshirt wrote: »

Don't dare take a 10k pay cut. That's outrageous. Have you a mortgage or anything?

If you spend 50 a week on juice and 30 on tolls,and 2 hours behind the wheel,it's not so outrageous if you find a local job you can walk to.

bmcb · 26-07-2019 05:13PM

Really not up on the tax figure but I think my credits are 2887.00 and cut off not sure where to find that. But ya of it only works out at 100 a week it is something I would consider taking traveling into account and general terms and conditions. Just doing my homework now really! Thanks for helping

namenotavailablE · 26-07-2019 05:16PM

My Excel spreadsheet (Excel 2010 or greater, uses macros URL="http://taxcalc.eu/monthlyss/Employee%20PAYE%20calculator.xlsm"]Download link[/URL) shows the following assuming a single person with standard tax credits:

bmcb · 26-07-2019 06:20PM

namenotavailabl wrote: »

My Excel spreadsheet (Excel 2010 or greater, uses macros URL="http://taxcalc.eu/monthlyss/Employee%20PAYE%20calculator.xlsm"]Download link[/URL) shows the following assuming a single person with standard tax credits:

Thanks so much for sending that on! If I pay pension do I pop that in in that excel sheet also?

namenotavailablE · 26-07-2019 06:29PM

bmcb wrote: »

Thanks so much for sending that on! If I pay pension do I pop that in in that excel sheet also?

Yes- use the 'Optional information' section for pensions and other deductions or income

Net pay calculator lower salary

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