Solved: National insurance deduction in october is 6frac34, Macroeconomics

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National insurance deduction in october is 6frac34

A shop manager's annual gross salary is £29,400. A bonus of 3½% of the monthly gross salary is earned and paid in October. Deductions from salary in October are Income Tax and National Insurance. National Insurance deduction in October is 6¾% calculated on the total of monthly gross salary plus bonus. Income Tax deduction in October is £430.

Calculate the manager's net salary for October.

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Macroeconomics: National insurance deduction in october is 6frac34

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