Error in my payslip? whats going on?

[kingcook]

I would advise you to handle such sundry issues yourself. You are just bringing shame to the contractor community if you don't understand how the calculations work or if you can't speak up to your agency to deal with such matters. Pull up your socks and be independent.

Why? OP did right in posting here -- we all have to be entertained some how

[northernladuk]

I think the problem lies between the payslip and the chair....

[skipjack]

I would advise you to handle such sundry issues yourself. You are just bringing shame to the contractor community if you don't understand how the calculations work or if you can't speak up to your agency to deal with such matters. Pull up your socks and be independent.

[SueEllen]

T

I only have two things to add:-

1) yes companies may make mistakes but check things before making a fool of yourself
2) are posters getting stupider?

It's a case of posters not understanding how expenses work.

[jmo21]

There is no error.

Look at those figures again

client 6450
- expenses 1418.19

taxable income after expenses 5031.31 (which is 6450-1418.19)

Total tax 2114.14

income after tax 2917.17

Net pay 4335.86 (2917.17+1418.69)

I only have two things to add:-

1) yes companies may make mistakes but check things before making a fool of yourself
2) are posters getting stupider?

It is amazing how many misunderstand that the expenses come out of the money they bill and is not somehow magically given to them by the client/brolly/hmrc.

[eek]

There is no error.

Look at those figures again

client 6450
- expenses 1418.19

taxable income after expenses 5031.31 (which is 6450-1418.19)

Total tax 2114.14

income after tax 2917.17

Net pay 4335.86 (2917.17+1418.69)

I only have two things to add:-

1) yes companies may make mistakes but check things before making a fool of yourself
2) are posters getting stupider?

[mudskipper]

Hi, am working through an Umbrella company, this month I have billed the client 300 x 21,5 days=6450
I had 1418.69 on expenses that I paid myself. They wrote the following in the payslip:


Salary 5031.31
Expenses 1418.69


Gross pay 5031.31
Total deds 2114.14 (taxes, PAYE, PRSI etc...)
Non tax adjustments 1418.69

Net pay 4335.86



1. Why my brute salary is 5031? it should be 300 x 21,5 days=6450 right?
2. Should they refund me my expenses?
3. If I am wrong and the above is right and my umbrella has received 300 x 21,5 days=6450 (my invoice) from the client ... 6450-5031.31 = 1418.69 where did that money go?
yes, those are my expenses, but it was me who paid for them, and the umbrella hasnt refunded me that money.. so whats going on here?

Give them a call - I'm sure they can explain it.

[Asspain]

Hi, am working through an Umbrella company, this month I have billed the client 300 x 21,5 days=6450
I had 1418.69 on expenses that I paid myself. They wrote the following in the payslip:


Salary 5031.31
Expenses 1418.69


Gross pay 5031.31
Total deds 2114.14 (taxes, PAYE, PRSI etc...)
Non tax adjustments 1418.69

Net pay 4335.86



1. Why my brute salary is 5031? it should be 300 x 21,5 days=6450 right?
2. Should they refund me my expenses?
3. If I am wrong and the above is right and my umbrella has received 300 x 21,5 days=6450 (my invoice) from the client ... 6450-5031.31 = 1418.69 where did that money go?
yes, those are my expenses, but it was me who paid for them, and the umbrella hasnt refunded me that money.. so whats going on here?