It’s really important to understand your payslip, so you can make sure you’re being paid and taxed correctly.
Unfortunately, they can be extremely tricky to interpret as they use a lot of jargon, acronyms and other terms that seem strange to someone without a background in finance or accounting.
We’ve included a sample payslip below. You can hover your cursor over various areas to find out more about what each part means.
Please note this page works best on a desktop or laptop computer, rather than on a mobile device.
Other links you might find interesting are our post explaining how a junior doctor’s salary is calculated, and how deductions are calculated like income tax, national insurance and pensions.