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Posted Wed, 17 Jan 2024 12:28:42 GMT by
Hi, in relation to my adjusted net income, when using figures from my P60, would you use the 'Pay' figure from the 'Pay and income tax details' section (e.g. £50,000), or would you use this figure and deduct the 'tax deducted' figure - e.g. £50,000 'Pay' minus £5,000 tax deducted making the adjusted income £45,000? Thanks
Posted Tue, 23 Jan 2024 11:59:22 GMT by HMRC Admin 2

It would be the pay figure before tax deducted.

In your example the figure would be £50,000.

Thank you.

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