The basics
Payslip
The statement with each payment of salary, showing what you earned, what was taken off (tax, National Insurance, pension) and what you were actually paid.
A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.
You'll hear it as
Check your tax code on your payslip.
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