7- Excel net pay calculator for employees in Ireland- using the net pay scenario modeller

Описание: Imagine that you're considering changing job and want to get a clearer understanding of how your net pay might change. It might be a challenge- for example, if you're switching from private to public sector employment, maybe the gross pay is greater in the new job but you'd need to account for the compulsory pension deductions. Trying to figure out the bottom line isn't always straightforward! This is where the scenario modeller comes in useful.

The scenario modeller lets you enter all of the details of each separate job and generates a report showing the net pay for each, presented side by side. It helps you to evaluate the difference in take-home between 2 employments, so you can make a decision based on a clear understanding of the net pay consequences.

The workbook is probably the most comprehensive, feature-rich and flexible net pay FREE calculator available in Ireland. It accurately calculates for public and private sector employees (including the various pension schemes applying [pre 6 April 1995, schemes up to the end of 2012 and the scheme now applying]), handles multiple PRSI classes, applies limits/ restrictions for common items such as pension age & income limits, cycle to work limits and income protection (PHI) limits to name a few.
It also allows for variable pay per pay period, possibly uniquely amongst the well known calculators targeting Irish employees.

The scenario modeller tool is included in the FREE net pay calculator - download the workbook at https://taxcalc.eu/monthlyss