Originally Posted by
QR777X
Thanks a lot for this info. However I have different figures coming from a friend based there. He got between £5400 and £6400 net during his training and now he gets around £7300 net. How can it be? Maybe children deductions? I am confused now.
As far as I know the worse contract is in Portugal where you get less than 7000 euros net but at least you don't have to pay the Type Rating. How is it possible that UK is even worse than that (6000 euros roughly)?
In Uk, to have 7300 after tax, does mean you do 146K£ a year with the 1% mandatory pension contribution.
From what people say here, most of the people seems to do the maximum to earn less than 100K£ a year using the max pension contributions.
I don't know what your friend do (maybe he like more to have cash, and do his retirement by himself, buying flat, ...)
I m sure there are enough easy cpt (what I m not) here to say, if you can do 146K£ a year (it seems with few years in the company possible from what I know)