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Old 29th December 2006 | 17:58
  #10 (permalink)  
abracadabra
 
Joined: Jul 2002
Posts: 87
Likes: 0
From: UK
ok maybe I wasn't clear enough before:
The TRSS payment, of £25000 over five years (or £417 per month), is NOT PAID SEPARATELY. You do not receive two paychecks, nor do you see a credit of £417 on your payslip.
What you see is a REDUCTION in your tax figure.
So if you earn £3200 and pay 25% tax, for example, you would normally have 800 pounds taken out of your payslip and you would receive £2400 in your bank. But easyjet instead reduce the £800 by £417, so you only get £383 taken out of the £3200, and receive £2817 in your bank account.
So when you get your paycheck and the bottom line says £3102 or something, then you get £3102 in your bank account, and that's it. The figure everybody quotes on here is the amount you get in your bank every month after easyjet have done their tax thing.
How much of your £3102 you have to pay out to some lender for giving you £23000 is nothing to do with easyjet and is liable to be totally different for everybody.

(Sorry about the $/£ finger trouble before)
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