Calculate take home salary on a pro rata basis
The Costrak salary calculator Android and Iphone Apps, include a Pro-rata take home salary calculator. Using the calculator you can
. Calculate the take home pay after tax for a given level of prorated gross salary.
The pro rata salary calculator requests the Standard Annual Gross pay , the basis of the pro rata computation, being days, weeks and months.
The pro rata computation will the take home pay based on the ratio between the full time working hours and the part time working hours
To use the pro rata calculator, you will be required to provide the following information.
– Full time working hours per week
– Temp worker working hours per week
– Full annual salary
– Your taxcode if you know it
– Student loan plan if relevant
Once you have input these into the pro rata calculator, simply press the compute button to obtain the figures
You will get the figures for
Take home pay
Pay as you earn tax
National insurance contributions
You also have the option to get the figures for Pro rata Annual, monthly, weekly and daily take home pay.