Payslips

Employer i4 Pay Partners Limited The name and address of your employer 30 Charing Cross Road, London, WC2H 0DE					PAYSLIP
Name This sample pay slip has a fictitious name.Please ensure that the name and address on your actual pay slip is correct, advise us as soon as possible if there is an error Mr Al Annon 123 High Street Superton United Kingdom S11 1SS
			Date:		19/11/2020
			Payment ref:		654321
			Tax period:		33
			Pay periods:		1
			Employee No:		34560
			NI number:		MA123456T
			NI code:		A
			Tax code:		1250L
			Payment method:		Faster Pay
Earnings These are your earnings in the current tax period: Basic pay is… Holiday pay advanced is… Bonus (DPSB) is…	Amount	Deductions These are deductions from your earnings: NI contribution is… PAYE is… Pension contribution is…				Amount
Basic pay for 35.50 hours worked Basic pay is calculated as the National Minimum Wage rate multiplied by the hours worked	309.56	NI Contribution				39.67
Holiday pay advanced	55.31	PAYE				54.60
Bonus (DPSB) This is the balance of your earnings once we have calculated your basic pay (at the National Minimum Wage), advanced your holiday pay (if it has not been accrued) and accounted for any expenses on which you are receiving tax relief.DPSB = (Gross earnings) minus (Basic pay) minus (Holiday pay advanced) minus (Expenses).	148.70	Pension contribution				15.74

Total earnings	513.57	Total deductions				110.01
				Net pay		403.56
Message

Earnings & Deductions	This Period	Year To date	Holiday Pay	This Period	Total
Total gross pay	513.57	11,222.45	Brought forward		.00
Taxable gross pay	513.57	11,222.45	Accrued	55.31	1,208.57
PAYE	54.60	656.60	Redeemed	55.31	1,208.57
Employers NIC	47.55	1,012.29	Transferred
Employees NIC	39.67	841.59	Carried forward		.00
Company pension contr.	11.81	253.87
Employee pension contr.	15.74	338.47	The holiday pay year runs from 1 October – 30 September

HOW YOUR PAYMENT WAS CALCULATED
Payment date:			19/11/2020			Payment ref:		654321
Name:			Mr Al Annon			Company:		i4 Pay Partners Limited
Invoices: These are the invoices we have raised for the work you have carried out.
Inv No	Unit	Agency Pay Rate		Description	From		To		Amount		Received
				Onion Recruitment Limited
689012	35.50	17.00		per hour	09.11.20		15.11.20		603.50		603.50

Total received:											603.50
Agency Pay Rate is the total of (a) the gross amount payable to you, including provision for paid leave entitlement, plus (b) provision for Employment and Administrative Overheads. Agency Pay Rate is NOT the rate payable to you as gross pay.
Summary: This shows how the amount received for the invoices has been split between company overheads and your gross income
Total amount received for invoices paid (excluding VAT): This is the total amount we have received from your agency. This amount represents the company income and includes provision for company overheads such as employers NICs, company pension contribution, holiday pay, apprenticeship levy and our fee. It does NOT represent the gross amount due to you.										603.50
Other earnings:										.00
Less:
Administrative overhead: The administrative overhead is our margin and is included in the agency pay rate.										28.00
Employment overheads: (A full breakdown of these costs are available on your web portal) The employment overhead is the sum total of the company costs associated with this payment. It includes: Employers NICs Company pension contribution Apprenticeship levy (if applicable) You can view a breakdown of these costs from the payment detail available on your Myi4 portal.										61.93
Business expenses and Mileage: (Expenses that have been approved for tax relief in this period)										.00
Your gross income before tax: This is your gross income before tax, it is the total amount received from your agency less provision for company administrative overheads, employment costs and expenses on which you will receive tax relief.										513.57