Pay rate for the week will be broken down between NLW, holiday pay if taken and additional pay.
The total of these income breakdowns will give you the GROSS FOR TAX on page 2.
2. This shows your employees tax and NI.
Tax is calculated at 20% and 13.25% (including the 1.25% NHS, health & social care levy).
Higher rates are 40% and 3.25%
Standard tax code is 1257L if HMRC issue a different code it will be shown here and this may affect your tax please let us know if you have any tax code queries.
This is the amount which will clear in your bank account