Originally posted by sophia57
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Reply to: Really dont understand payslip
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Previously on "Really dont understand payslip"
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Originally posted by SpontaneousOrder View PostHow much would you expect to retain? 'more' is pretty vague.
£500 - 200 expenses = 300.
300 - tax etc = 211.
211 + 200 expenses = 411.
So you retained over 70% ignoring expenses, and retained about 82% when you include expenses?
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How much would you expect to retain? 'more' is pretty vague.
£500 - 200 expenses = 300.
300 - tax etc = 211.
211 + 200 expenses = 411.
So you retained over 70% ignoring expenses, and retained about 82% when you include expenses?
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Originally posted by TheCyclingProgrammer View PostThat doesn't seem right, unless they've deducted your expenses but not paid them to you yet. You should have received the £200 tax free, then from the remainder you would have had deducted the umbrella fee, employee and employer NIC and income tax but I would have imagined you should have had at least £350 from the £500.
£200 seems high for two days, did you have an overnight stay?
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That doesn't seem right, unless they've deducted your expenses but not paid them to you yet. You should have received the £200 tax free, then from the remainder you would have had deducted the umbrella fee, employee and employer NIC and income tax but I would have imagined you should have had at least £350 from the £500.
£200 seems high for two days, did you have an overnight stay?
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Really dont understand payslip
Hello,
Hoping someone can shed some light on why I am receiving so little from my contract. My rate is 250 per day. For two days work I received only £211.44 out of £500....? How is this right? I also had claimed expenses of £200 pounds. Am I better off not claiming expenses, would I have received more then? Very confusedTags: None
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