Could salary sorter be calculated as a percentage rather than gross amounts for those of us with a variable take home pay?
Hi Andy!
When you get a payment over ÂŁ100, youâll be prompted to sort this into Pots - the amount you move into Pots or keep in your account is chosen by you each time, so even if you get paid a variable amount each month, you can change the amounts whenever money comes in
Thatâs true, but what OP is asking for is the ability to set the sorter to, say, 30%, so that they donât have to adjust the amount every month.
Ah, that makes sense!
Thatâs definitely a great idea - sounds like it would be another really helpful budgeting tool if you get paid different amounts each month
Percentage and fully automated would be great
100% in support of this.
Would love a percentage as well. With overtime my pay changes a little so it doesnât recognise all of the time
I would love this feature so much
Has there been any update on this?
Business account can take 20% for a tax pot why not on normal Monzo?!
Why would you need it on normal Monzo
There is no update. There hasnât been much activity in this topic and you need to be voting for it if you think it would be worthwhile. This is the best way of showing Monzo how much demand there is for something
Itâs a premium feature on business accounts. Would you be happy to pay for it on your normal account?
this needs to be implimented, salary sorter is fairly useless for self employed people atm. adding a percentage toggle would allow a separation for tax and savings
You shouldnât be using your personal account for your business.
The business accounts have the feature youâre asking for.