SALARY TIMER FREQUENTLY ASKED QUESTIONS

Just click on any of the questions below to read the answers.

Will Salary Timer install anything on my PC, or add/change registry settings?

Only if you choose "Save Current Settings" from the File menu. This will save the current hours and salary to the registry. You can remove these settings again by selecting "Delete Current Settings" from the File menu.

Does Salary Timer store any information about me (e.g. my salary)?

How do I remove/un-install Salary Timer?

Salary Timer never gets installed as such on your PC. To remove it, simply delete the SalaryTimer.exe file. However, if you're previously saved your settings to the registry by selecting "Save Current Settings" from the File menu you may wish to select "Delete Current Settings" from the File menu first.

Will Salary Timer work on my Apple Mac computer?

No, I'm afraid the current version only works on Microsoft Windows (98/ME/NT/2000/XP).

The "Raise Calculator", "Tax Breakdown" and "Historic Tax Comparison" features are grayed out!

I'm afraid that at present these features are only implemented for Pound Sterling. There are no tax features for Dollar or Euro.

The Euro symbol is not being displayed properly.

If you are using an older version of Windows, e.g. Windows NT, you may need to install a special Euro patch from Microsoft to display the Euro symbol on your PC.

When I flick between Sterling and Dollar the "Amount Earned" changes. What conversion rate is used?

There's no currency conversion taking place - when you use Sterling most of the amounts you see are after tax has been deducted. When using Dollar or Euro there are no tax adjusters, so all amounts you see are before tax (hence higher than Sterling amounts).

My hourly/daily rate seems to be wrong - how is it calculated?

To calculate the hourly/daily rates, I firstly take the annual gross salary, and adjust it according to the current tax codes.

Next I make the assumption that most people don't work weekends or bank holidays, and get approximately 21 days holiday per year. This leaves 226 working days per year. So to get the daily rate I just pide the net annual income by 226, for the hourly rate I pide the daily rate by the number of hours worked in a day, etc.

If you've been getting different figures I'm guessing it's because you've either not accounted for tax, or you've been dividing the annual salary by 365.

The values on the Tax Brackets screen don't seem to match the Inland Revenue's income tax brackets - what's going on?

The figures on the Tax Brackets screen show how the Inland Revenue's income tax brackets actually apply to your salary. For example, everyone has a Personal Allowance, an amount they are allowed to earn which is tax free. So the first number you see on the left is your tax free allowance. The next number you see is your tax free allowance plus the starting rate threshold. The top number is all of the above, plus the basic rate threshold. So you only actually pay the top rate of tax on earnings above the highest number on the left.

I hope that makes sense!

How much does the Salary Timer cost?

Salary Timer is totally free.