| weekly | monthly | |
assignment income to gross pay calculation | ||
assignment income (this is giant's income and not your gross pay) | £1,500.00 | £6,500.00 |
private pension salary sacrifice contribution note a | -£0 | -£0.00 |
employer national insurance at 15.00% | -£179.42 | -£777.35 |
apprenticeship levy at 0.5% | -£6.46 | -£27.995 |
employer’s NEST pension contribution note b | -£0.00 | -£0.00 |
company margin | -£22.00 | -£95.33 |
business expense note c | -£0 | -£0 |
balance available for gross pay & holiday pay | £1,292.12 | £5,599.32 |
gross pay to net pay calculation | ||
gross pay note d | £1,151.00 | £4,987.79 |
pre-paid holiday pay note e | £141.12 | £611.53 |
gross pay including holiday pay | £1,292.12 | £5,599.32 |
employee PAYE note f | -£275.16 | -£1,192.39 |
employee national insurance | -£64.50 | -£279.49 |
employee’s NEST pension contribution note b | £0 | £0 |
reimbursed business expenses | +£0 | +£0 |
net pay including rolled up prepaid holiday | £952.46 | £4,127.44 |
salary sacrifice pension contribution | +£0 | +£0.00 |
net pay plus salary sacrifice penison contribution | £952.46 | £4,127.44 |
tapered allowance where earnings are over £100,000 per year | ||
estimated additional tax | £-0.00 | £-0.00 |
retained income plus contribution to salary sacrifice pension scheme less estimated additional tax | £952.46 | £4,127.44 |