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