J ust recieved my payslip

[spiceyster11]

Who knows what time of maths they use. On my wage slip it said that my Total taxable pay was £600 odd, when it should be £1,140.00. I've had three payment of 2 x £171.72 (ET Tax Rate) and the magic 1p payment!
Its all one big shambles. It would easier for them to take the £350 off the total amount of wages due instead of claiming it all back at a random amount.

[csm]

i recieved a payslip today and went to someone senior where i work. they told me that due to the problems when you wasnot paid at all, and when you was issued with the voucher to compensate, that voucher contained no deductions. deductions would take place on dec 23 or 30th payslip. the deductions took place on the 30th payslip and that is why you are paid 1p

happy new year to everyone by the way. i certainly willnot forget this year in a hurry

£350.00 voucher from Royal mail, by my calculations the amount from this £350.00 minus Tax (£41.25) and NI (£25.32) equals £283.43. So the deductions they should be taking total £66.57 not a random amount leaving you with just a penny! Im pretty good at maths it takes a few minutes to work out. The amounts are based on Emergency/BR tax because god forbid if anyone has got the right tax code sorted by them.

He's taking tax and NI from the £350 as it is taxable income, and thinking about it we may have to work out tax and NI as if £350 was a net payment (after tax) rather than a gross payment as we are now.

This means for each £350 voucher if we are on BR rate for tax purposes it is equivalent to earning £500 gross, or £450 gross if we are on normal rate (assuming normal tax allowance and weekly pay).

As such it is not surprising some people are only receiving a nominal amount of a penny if they have received a voucher as they may be overpaid up to the week they worked (though knowing Angard this is probably not the case).