HOW LOOKS IT

Transcription

HOW LOOKS IT
How it
works..
Work with a
wide range of
clients needing
your skills
Become an
Eden employee
- it's easy and
free to join
Eden
receives payment
from agency and
calculates your
gross pay, PAYE Tax
and NI deductions
Payment by
BACS direct to
your bank
account.
Submit timesheet
to agency
Submit business
expenses to
Eden
HOWITLOOKS
These are legitimate business expenses
used to reduce PAYE Tax & NI only. Not
direct/chargeable expenses which are
showing income to Eden
Your Agency timesheet breakdown
will be shown here
Information, such as expenses that are
carried forward, may be shown here
Your payroll reference
with Eden
Total income to Eden *
The portion of the
company receipts which
is equivalent to your
hours multiplied by
minimum wage
Umbrella
Employee No.
DUMMYKEY
Employee Name
Joseph Bloggs
Start Date
XX.XX.XXXX
Process Date
XX.XX.XXXX
Units
37.00
Rate
12.00
Amount
444.00
444.00
Employee Payments
Period Payment
Holiday Paid
Expenses
Bonus/Commission
Units
37.00
37.00
1.00
1.00
Rate
6.31
.76
85.00
48.96
Amount
233.47
28.12
85.00
48.96
398.13
Joseph Bloggs
Address 1
Address 2
Address 3
Address 4
Post Code
Company Deductions
HMRC Payment NIERS
Expenses
Pension
Company Margin
Retained Holiday Pay
Paid to Employee
TOTAL :
Employee Deductions
Tax
National Insurance
Pension
NI Number
AB123456C
Amount
22.43
85.00
2.02
24.00
.00
310.55
Amount
23.60
19.39
1.61
TOTAL :
This Period
Total Gross Pay
Gross for Tax
Earnings for NI
Pension Contribution
Total Deductions
Tax Code
Payment Method
Eden’s margin
(deducted from income
received from Agency)
Holiday pay (if elected)
to be retained
Pension contributions
444.00
Taxable pay (employee
payments less
business expenses)
44.60
310.55
310.55
310.55
1.61
44.60
XXXXL
Bacs
Year To Date
1552.75
Gross Pay YTD
1552.75
Gross for Tax YTD
118.00
Tax Paid YTD
1552.75
NI Earnings YTD
96.95
EE’s NI YTD
Pension YTD
8.05
NET PAY
Difference between all
items (minimum wage,
holiday entitlement,
business expenses etc)
and amount paid to
employee
End Date
XX.XX.XXXX
E
L
P
M
A
S
Company Receipts
Hourly Rate
TOTAL :
Expenses deducted
from taxable gross pay
prior to tax and NI
calculation
Tax Period: XX - Week Ending : XX.XX.XXXX
Company Name
AGENCY NAME
Comments
TOTAL :
Holiday entitlement built
into your hourly rate (if
elected to be paid)
Employers NI deducted
from income received
from Agency
350.95
Your current tax code
* The rate charged to the agency includes all costs associated with your
employment. It is not your pay rate. We deduct costs such as employers NI
and an amount to cover overheads (our margin retained, etc) before making
a calculation of your pay rate. Additional payments for direct expenses, etc
would also be shown here.
Personal tax and NI
deductions
Year to date information
Total funds paid into
bank account