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How we estimate your hourly rate:
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The first £5435 of your annual salary is your personal allowance and tax free.
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If your annual salary is less than £36000 the basic tax rate (20%) is used to calculate the net hourly rate.
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If your annual salary is more than £36000 the basic tax rate (20%) is applied to the first £36000 and the higher tax rate (40%) is applied to the remainder, to calculate the net hourly rate.
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GiftAid of 28% of your net hourly rate is added to calculate the total amount WaterAid receives.
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