Ah that's absolutely fabulous....thank you..... quick follow up if you don't mind please? (I'm single for purpose of exercise)
I pay week to the Medical Aid , 47 euro a week , that is cover for myself and my son. I understand that tax relief is "given at source".
How would that affect above calculation , just deduct I suppose from Net pay above?
To work out my monthly pension , I'm dividing 29.787 by 12 = 2.482 per month. NET.
Subtract from that monthly contribution to Med Aid ( 4xE.47) 188 per month .
So. NET PAY should be -----2.482 subtract 188 - = 2.294 ( weekly 573 euro approx.)
Am I near enough correct in this? thanks a mill.