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Next week's payslip

Pay talks 2022 discussion, news, LTB's RMCtv and all BUSINESS RECOVERY, TRANSFORMATION AND GROWTH AGREEMENT chat
LouBarlow
Posts: 4611
Joined: 15 Oct 2007, 18:56

Re: Next week's payslip

Post by LouBarlow »

ANDREW CROCOMBE wrote:
31 Jul 2023, 19:37
Back pay less than £500 ? Excellent for a yes vote. Agreed seasonal hours ? The CWU may have done, but I definitely didn't. The company can now do what they like re lump sums etc etc change in hours etc because you agreed it. I didn't. Glad you're all enjoying the massive bonuses, worth the fight ?
Better start looking for a new job then.
freespeech
MDEC
Posts: 762
Joined: 28 Jun 2007, 16:35

Re: Next week's payslip

Post by freespeech »

pieoftheday wrote:
31 Jul 2023, 17:07
freespeech wrote:
31 Jul 2023, 04:06
Kenfandango wrote:
30 Jul 2023, 20:50
theotherone wrote:
30 Jul 2023, 19:54
Surely its makes no difference? the tax rate stays the same.
What happened to me at a previous job was the tax man saw a sudden payment of about 4x my usual wage, panicked and put me in a higher tax bracket (because HMRC assumed that was my new regular wage)... then once the tax year was out I got a rebate for the difference.
Yes, that's how PAYE works.
Funny how HMRC are very fast to put people on a higher tax bracket but rather slow to put them back on the lower one :hmmmm
HMRC don't "put you on a higher tax bracket". It's the employer that deducts tax based on taxable pay. If a higher rate tax payer has a week of earning £100 they would pay 20% tax. That's how PAYE works.
KarlG
Posts: 3
Joined: 10 Jan 2020, 17:26
Gender: Male

Re: Next week's payslip

Post by KarlG »

The Income tax paid is averaged out over the year which is approximately calculated based on current total pay to date.

This can be checked by taking your current total earnings to date in the current tax year and divide that by the current pay week number.
Then multiply that by 52 to get the expected yearly earnings.
Then take away your current tax free allowance from that figure.
Multiply that figure by 0.20 to get the yearly tax amount they expect to take from you.
Divide that by 52 and then multiply by the current pay week number.

Check this figure against the one in the total tax paid to date box.

If the figure you just calculated is higher than the one in the box, you currently are expected to be taxed more to make up the difference. Lower and HMRC owe you money which you will get back once your weekly average earnings start to drop back down which would usually be the next pay period. So you may get taxed more now but next payslip it should be lower than your usual amount.
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Next week's payslip

Post by rambo1 »

pieoftheday wrote:
31 Jul 2023, 17:45
guardianangel wrote:
31 Jul 2023, 17:31
pieoftheday wrote:
31 Jul 2023, 17:09
guardianangel wrote:
31 Jul 2023, 05:46
Frankie15 wrote:
30 Jul 2023, 18:01
mjd24 wrote:
30 Jul 2023, 17:47
aiden01 wrote:
30 Jul 2023, 17:38
:Applause
mjd24 wrote:
30 Jul 2023, 17:35
Sooo is there a lump sum payment on there? 😬
Yep an backpay on ot.
So ive just looked and mine has basic pay then arrears of basic pay but no lump sum payment 🤔
You get that on 29th September
Only if nobody challenges seasonal hours which is illegal.
Cant say I'm keen on the seasonal hours thing but illegal?
seasonal hours is not illegal but the non payment for hours worked for 8 months is ,you are within your legal right to be paid for the hours worked and not wait for 8 months ,on saying that you would only be paid 35 hours in the summer ,but you must register your protest before you start working it,if you start working it with out putting it in writing your working under protest your case would be harder,collective bargaining makes no difference on this one its your legal right,the union or royal mail wont tell you this.
So if someone was to register their protest and RM said ok we will pay you for 39 hrs in winter but only for 35hrs in summer?
So how about someone who left the business a month ago, so worked from April to July, but doesn't get back pay for that period worked, but his mate who still works for royal fail does? Is that illegal too? Bloomin should be.
bluempl
Posts: 38
Joined: 17 Jul 2018, 21:38
Gender: Male

Re: Next week's payslip

Post by bluempl »

LouBarlow wrote:
31 Jul 2023, 21:07
ANDREW CROCOMBE wrote:
31 Jul 2023, 19:37
Back pay less than £500 ? Excellent for a yes vote. Agreed seasonal hours ? The CWU may have done, but I definitely didn't. The company can now do what they like re lump sums etc etc change in hours etc because you agreed it. I didn't. Glad you're all enjoying the massive bonuses, worth the fight ?
Better start looking for a new job then.
Why would they do that?
LouBarlow
Posts: 4611
Joined: 15 Oct 2007, 18:56

Re: Next week's payslip

Post by LouBarlow »

bluempl wrote:
03 Aug 2023, 15:11
LouBarlow wrote:
31 Jul 2023, 21:07
ANDREW CROCOMBE wrote:
31 Jul 2023, 19:37
Back pay less than £500 ? Excellent for a yes vote. Agreed seasonal hours ? The CWU may have done, but I definitely didn't. The company can now do what they like re lump sums etc etc change in hours etc because you agreed it. I didn't. Glad you're all enjoying the massive bonuses, worth the fight ?
Better start looking for a new job then.
Why would they do that?
Because they have implied multiple times now, that because they didn’t agree to work seasonal hours, they aren’t going to do so. It doesn’t quite work that way.