Chapter TABLE B: DEDUCTIONS FROM MONTHLY EARNINGS
| Net earnings | Deductionf1 |
|---|---|
* When applying a percentage the calculation should be done to two decimal places of a penny and the result rounded to the nearest whole penny, with an exact half penny being rounded down. | |
| Not exceeding £415 | Nil |
| Exceeding £415 but not exceeding £1,500 | £15 or 19% of earnings exceeding £415, whichever is the greater |
| Exceeding £1,500 but not exceeding £2,500.00 | £206.15 plus 23% of earnings exceeding £1,500 |
| Exceeding £2,500 | £436.15 plus 50% of earnings exceeding £2,500 |
Annotations
Footnotes
- f1
*
When applying a percentage the calculation should be done to two decimal places of a penny and the result rounded to the nearest whole penny, with an exact half penny being rounded down.