Payslip help

chrisbur

Emli wrote: »

This is my first payslip from this job as they didn't provide me one during my first month in December because of an error in their system. The NI and tax were to date and I guess for the month as well since it's my only payslip. The gross salary was for the month.

What I would expect to happen in these circumstances is that for the first month you would be given a payment based on an estimate of your net pay. This appears to have been done the £1273.57 is very close to what I would expect your net to be.
The next month when all is now operating correctly your pay would be calculated on the basis of the first and second month added together, tax and NI deducted and then the estimate for month 1 also deducted. This gives you your net pay for month 2.
If you do this with your figures though you get a gross of £3006 (£1458 plus £1548) less tax £300.19 less NI £193.00 less advance last month £1273.57 leaves £1239.24
You say though your net is £1231.17
Is there something else on the payslip or are these figures correct.

Then there is the question of the drop in net pay. You have been overpaid on your gross (presumably this is to be corrected next month) so I would expect your net to be higher this month than the estimate for last; but it is lower. Your NI appears to have been calculated on the basis of two separate payments (though still seems a little out) if tax was done the same way I would expect the tax to be a bit over £200. If it was calculated as if this was all one month's wage then I would expect tax to be a bit over £400. A tax figure of £300.19 is a bit strange.

Once you get onto a cumulative tax code your tax should be sorted but these figures make me wonder if your payroll dept are not still having some sort of problem.

Emli

chrisbur wrote: »

What I would expect to happen in these circumstances is that for the first month you would be given a payment based on an estimate of your net pay. This appears to have been done the £1273.57 is very close to what I would expect your net to be.
The next month when all is now operating correctly your pay would be calculated on the basis of the first and second month added together, tax and NI deducted and then the estimate for month 1 also deducted. This gives you your net pay for month 2.
If you do this with your figures though you get a gross of £3006 (£1458 plus £1548) less tax £300.19 less NI £193.00 less advance last month £1273.57 leaves £1239.24
You say though your net is £1231.17
Is there something else on the payslip or are these figures correct.

Then there is the question of the drop in net pay. You have been overpaid on your gross (presumably this is to be corrected next month) so I would expect your net to be higher this month than the estimate for last; but it is lower. Your NI appears to have been calculated on the basis of two separate payments (though still seems a little out) if tax was done the same way I would expect the tax to be a bit over £200. If it was calculated as if this was all one month's wage then I would expect tax to be a bit over £400. A tax figure of £300.19 is a bit strange.

Once you get onto a cumulative tax code your tax should be sorted but these figures make me wonder if your payroll dept are not still having some sort of problem.

Yeah those figures are all there are. I think they are having problems as well. They've stated they will contact their payroll partners to query the tax figure. It was done as if it was all one month's wage. But like you said it should correct itself once I get onto a cumulative tax code. Will the NI fix itself as well? And do I need to contact HMRC to be put on the cumulative tax code? I have queried the missing money as well. But I was told I was wrong and that was correct. So I'm not really sure what to do about the missing amount.

chrisbur

Emli wrote: »

Yeah those figures are all there are. I think they are having problems as well. They've stated they will contact their payroll partners to query the tax figure. It was done as if it was all one month's wage. But like you said it should correct itself once I get onto a cumulative tax code. Will the NI fix itself as well? And do I need to contact HMRC to be put on the cumulative tax code? I have queried the missing money as well. But I was told I was wrong and that was correct. So I'm not really sure what to do about the missing amount.

Have you queried that the payslip does not balance, is this what you mean by missing money?
NI is not far out so probably not worth worrying about.
Payment was not done as one month's wages, NI appears to have been done as two months' wages or near enough and tax as neither one nor two months, I have no idea how they got a tax figure of 300.19.

In theory your tax code should be corrected without you doing anything but in this case I would recommend contacting HMRC it is possible that with the problems your new employer may not yet have advised HMRC that you are with them.

Emli

chrisbur wrote: »

Have you queried that the payslip does not balance, is this what you mean by missing money?
NI is not far out so probably not worth worrying about.
Payment was not done as one month's wages, NI appears to have been done as two months' wages or near enough and tax as neither one nor two months, I have no idea how they got a tax figure of 300.19.

In theory your tax code should be corrected without you doing anything but in this case I would recommend contacting HMRC it is possible that with the problems your new employer may not yet have advised HMRC that you are with them.

Yeah I queried the amount I was paid this month compared to last month and how they arrived at their figures. It's all a bit frustrating and stressful. I will contact HMRC tomorrow.

Dazed_and_confused

It should be straightforward for HMRC to send your employer the correct tax code and any tax refund due should then be made by your employer the next time they pay you (assuming this is before 6 April 2019).

If this job is your only taxable income in the current tax year then it should be the full £300 (assuming you don't get a massive bonus in February or March!).

One thing to be careful about is not to confuse HMRC if you mention the employer you had the old P45 from. Income in 2017:18 is not relevant to your 2018:19 tax code so whatever that P45 from 2017 showed has nothing to do with the correct tax code required for 2018:19.

Savvy_Sue

Even if they had problems with providing a payslip at the time, they really should be able to provide one now, because they must have SOME record of what they actually paid you, what gross figure that was based on, and what deductions were made - even if these were estimated.