How much can be deducted from my wage?
The amount that can be taken from your wages to pay towards the debt depends on how much and how often you’re paid. Any deductions are made from your net (after tax) income. There is a minimum amount of earnings exempted before a percentage is deducted and sent to the creditor. As 6 April 2016, this minimum amount is:
- £529.90 per month
- £113.68 per week
- £454.72 per 4 weeks
- £16.24 per day
The table below shows what amounts can be taken from your wage in daily, weekly and monthly amounts.
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