Making sense of your salary
Before you can start to think about budgeting, it's important to know how much you've got coming in each month and understand any deductions from your wage packet before it lands in your current account. We can help you make sense of your salary.
What is my take home pay?
Chances are you’ll already know what your gross salary is, the total amount you’re paid for the work you do each year. Your take home pay, otherwise known as net pay, is the amount you receive each month after any deductions which have to be made, like Income Tax and National Insurance.
How much tax and insurance will I pay?
Changes to working life
The coronavirus outbreak has meant changes to working life for many of us. If you've been affected by changes at work, we've put together some information you might find useful.
See where your money goes with Spending
Our Mobile Banking app now comes with Spending, a handy feature that automatically puts your current account transactions into categories to give you a detailed picture of where your money goes each month. It also comes with a budgeting feature that lets you add a budget to your Spending categories, so you're in control of what you spend and where.
App available to personal and business banking customers aged 11+ using compatible iOS and Android devices and a UK or international mobile number in specific countries. To use Spending feature you must be aged 16+ and only available for Personal and Premier Current accounts.
Download the app
1. On your mobile or tablet, go to the App Store if using Apple or Google Play if using Android
2. Search for 'Royal Bank of Scotland'
3. Tap to download the app
Get the app
Get the app
Other examples of salary deductions
Student Loan payments
Salary sacrifice schemes
Ready to look at your budget?
Now you know how much you've got coming in each month, see how budgeting could help you manage your money and find ways to save on your household bills and other monthly outgoings.
Reward bank accounts
Earn monthly Rewards for Direct Debits and logging into our mobile app.
To apply, you need to be 18+ and a UK resident. To hold this account, you need to pay in £1,250 to an eligible Royal Bank of Scotland account every month. £2 monthly fee.