How to read your payslip

w w w . 1s tco nta ct. c om
How to read your payslip
Employer
Employee
Employee No
Date
1st Contact Payroll Limited 1
Mrs Jo Bloggs 2
W1423 3
22/11/2013 4
Payslip No
NI No
Tax Code
Frequency
Tax Period
634875 5
YY000000B 6
944L 7
WEEKLY 8
201333 9
Year to Date
Description
Payment
Deductions
Amount
Total Pay
Taxable Pay
Tax Paid
10 7,228.09 Basic Pay
11 4,946.22 Holiday Pay
12
0.00
NIable Pay
Employees NI
13 4,946.22
14
351.83
Holiday Year To Date
29
Accrued
Paid
15
16
760.59
760.59
Balance
17
0.00
18 285.31 Tax Paid
24
19 116.32 EE NI Contribution
25
Total Taxable Pay
20 354.62
Company Expensess
21 678.37
Total Non-Taxable Pay
22 678.37
Total Pay
23 1,080.00
Employers NI
Weekly Fee
26
27
0.00
24.67
28.51
18.50
Deduction
28
71.68
NET PAY
29
1,008.32
Payment details
1008.32 will be paid to your account.
Description
Amount
Company Expenses allocated:
678.37
Pay rate breakdown
30
Units
Rate Name
40 Hours
£27.00
Pay
27.00
See next page for key.
44688
Total
1
1080.00
21
w w w . 1s tco nta ct. c om
How to read your payslip
1. Our Company: The name of the company responsible for processing your pay
2. Employee name
3. Employee number: The employee number that you’ve registered on our database
4. Date that your payslip will be available online
5. Number of the payslip issued to you
6. Your National Insurance (NI) number
7. The tax code used for your payment
8. Your payment frequency, i.e. weekly, monthly, fortnightly
9. The tax period during which your payment was processed
10. Total of gross pay processed in the current financial year
11. Total taxable pay for the current financial year
12. Total tax paid for the current financial year
13. The year-to-date amount that your National Insurance contribution is calculated on
14. The amount of employees National Insurance paid during the current financial year
15. The amount of holiday pay accrued during the current financial year
16. The amount of holiday pay paid during the current financial year
17. The balance of your holiday pay not yet paid to you
18. The portion of your basic pay not affected by company work-related expenses claimed or holiday pay
19. The portion of your total pay that relates to your holiday pay
20. Your taxable pay, i.e. the amount you pay that your PAYE contribution is calculated on
21. The amount of business-related expenses claimed and allowed under HMRC’s regulations
22. Your non-taxable-pay, i.e. the amount of your pay that PAYE was not calculated on
23. Total amount we received from your agency and processed for you
24. Total PAYE deducted based on your taxable pay and tax code
25. Employee’s National Insurance contributions, based on the HMRC rate
26. The Employer’s National Insurance contributions based on HMRC rate
27. The 1st Contact fee for processing your timesheet
28. The total deductions processed
29. The amount to be paid into your account
30. Breakdown of various rates (if applicable) that you may have been paid for the pay period
Contact details
Tel:
Email:
0207 759 7535
Address:
1st Contact, Castlewood House, 77-91 New Oxford Street, London, WC1A 1DG
[email protected]
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