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 13.80% | -£157.21 | -£681.29 |
apprenticeship levy at 0.5% | -£6.57 | -£28.47 |
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 note c | £1,314.22 | £5,694.91 |
gross pay to net pay calculation | ||
gross pay note d | £1,172.07 | £5,078.91 |
pre-paid holiday pay note e | £142.15 | £616.00 |
gross pay including holiday pay | £1,314.22 | £5,694.91 |
employee PAYE note f | -£284.00 | -£1,230.63 |
employee national insurance | -£64.94 | -£281.40 |
employee’s NEST pension contribution note b | £0 | £0 |
net pay including holiday pay | £965.28 | £4,182.88 |
reimbursed business expenses | +£0 | +£0 |
retained income | £965.28 | £4,182.88 |
private salary sacrifice contribution | +£0 | +£0.00 |
net pay plus pension contribution | £965.28 | £4,182.88 |
% retained | 64.35% | 64.35% |