Plans for The Salary Calculator to include pensions
Almost since The Salary Calculator was first created, people have been asking for it to include pension contributions. Pension contributions are typically a percentage of your salary each month, and are deducted before tax. I’m afraid pensions have not yet been added to the website but I do plan to add them in the near future.
When I first tried to add them I found that the calculation was not as simple as I expected – the more I investigated, the more unpredictable it seemed to be. However, looking back, I think that a more simple approach can be taken to include pension contributions in the calculation, and help you see a more accurate calculation of the take home pay.
I’ll be working on this in the next few weeks and months, and if you check back on the blog regularly you’ll be the first to know when it’s released!
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[...] I wrote a short while ago, for a long time people have been emailing and requesting that The Salary Calculator offer support [...]