Hi,
I'm hoping to do a crossreference from somebody in a similar contract to myself, as my take home pay is significantly less than I had hoped.
- I'm providing IT Analyst services to a client and using an umbrella company
- My rate is £130pd, my agency charge me at £160pd
- I have been here 8 weeks now, working a varying 3-5 days a week
- My daily expenses are only £10pd food, and 18 miles commute per day calculated at £8.10
- My pay breakdown is below
Thanks.
CALCULATION OF NET PAYMENT:
Time Worked 5.00 @
Rate £130.00
Total Chargeable Time £650.00
Expenses Re-Charged to Client £0.00
Under/(Over) Payment B/Forward £0.00
Invoice Amount Payable £650.00
Less Pre-tax Deductions:
Employers NIC £44.08
Pension/Child Care Vouchers £0.00
Umbrella Margin £40.00
Less Payslip Deductions:
Employees NIC £38.46
PAYE £54.20
Student Loans £12.00
Net Payment per Payslip £461.26
Deduction of Previous Advance £0.00
Amount Paid to Bank £461.26
Your net payment was paid as:
Net Wages £370.76
Non-rechargeable Expenses £90.50
Re-chargeable Expenses £0.00
Please note (see below) you have expenses carried forward of £0.00
I'm hoping to do a crossreference from somebody in a similar contract to myself, as my take home pay is significantly less than I had hoped.
- I'm providing IT Analyst services to a client and using an umbrella company
- My rate is £130pd, my agency charge me at £160pd
- I have been here 8 weeks now, working a varying 3-5 days a week
- My daily expenses are only £10pd food, and 18 miles commute per day calculated at £8.10
- My pay breakdown is below
Thanks.
CALCULATION OF NET PAYMENT:
Time Worked 5.00 @
Rate £130.00
Total Chargeable Time £650.00
Expenses Re-Charged to Client £0.00
Under/(Over) Payment B/Forward £0.00
Invoice Amount Payable £650.00
Less Pre-tax Deductions:
Employers NIC £44.08
Pension/Child Care Vouchers £0.00
Umbrella Margin £40.00
Less Payslip Deductions:
Employees NIC £38.46
PAYE £54.20
Student Loans £12.00
Net Payment per Payslip £461.26
Deduction of Previous Advance £0.00
Amount Paid to Bank £461.26
Your net payment was paid as:
Net Wages £370.76
Non-rechargeable Expenses £90.50
Re-chargeable Expenses £0.00
Please note (see below) you have expenses carried forward of £0.00
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