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Help!

I started my new job in August. I've been asking for my payslips every month. Got it this week. My first payslip is since September. On payslip is PAYE Tax -93.40 ... What does the negative means? And my NET PAY is £1542.04. And I have received £1271,80 on my account. So it's not right! Just don't understand what does it mean?! Did I overpaid my tax in previous job? Please help me. Thank you

Comments

  • Need to see how its written exactly, but negative normally means its a deduction from your pay where as a positive means adding to your takehome pay - tax is evidently normally a deduction.

    Best bet is to speak to your manager or HR to have the payslip explained if you dont understand it
  • Bollotom
    Bollotom Posts: 957 Forumite
    500 Posts
    Can't really tell with so little info. You would imagine you got a rebate with the -93.40 but mine always had the (R) not the minus sign and the net figure not matching what you received is a couple of hundred pounds difference. First call should be to your payroll office if you think a mistake has been made.
  • LKO
    LKO Posts: 30 Forumite
    edited 17 January 2013 at 3:17PM
    Thank you for your answers bollotom & InsideInsurance more info: my gross pay £1560.00, PAYE Tax -93.40, National Insurance 111.36 and NET PAY is £1542.04. And I received £1271.80. The months after is Gross Pay £1560.00 PAYE Tax 176.80, National Insurance 111.36 and my NET PAY £1271.84. And I received £1271.80
  • It would appear it is a rebate in this case but you evidently need to speak to them given neither received monies matches the payslips
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