We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Gross Pay on my payslip
Dvnfermling
Posts: 51 Forumite
My employer has just changed payslip administration companies from Sage to Paycircle which has caused a change in the layout of my payslip .
I salary sacrifice a large % of my pay which also allows me to benefit from marriage tax allowance.
Sage listed all my income as well as my sal sac in the payments. The income minus sal sac was then summarised as Total Gross Pay and also Gross for tax.
Paycircle list all my income as well as my sal sac in the payments. The income is then summarised as Gross Pay and the income minus sal sac summarised as taxable pay.
I know that the correct tax is paid and my income remains the same but which company is identifying gross pay correctly as my understanding was salary sacrifice reduced my annual gross pay.
Also as Paycircle are accumulating my gross pay in this way I would be above the marriage allowance threshold, will the MA be affected or is it calculated on taxable pay.
I salary sacrifice a large % of my pay which also allows me to benefit from marriage tax allowance.
Sage listed all my income as well as my sal sac in the payments. The income minus sal sac was then summarised as Total Gross Pay and also Gross for tax.
Paycircle list all my income as well as my sal sac in the payments. The income is then summarised as Gross Pay and the income minus sal sac summarised as taxable pay.
I know that the correct tax is paid and my income remains the same but which company is identifying gross pay correctly as my understanding was salary sacrifice reduced my annual gross pay.
Also as Paycircle are accumulating my gross pay in this way I would be above the marriage allowance threshold, will the MA be affected or is it calculated on taxable pay.
0
Comments
-
Taxable pay is the important consideration here. I imagine that is the same on both Sage and Paycircle payslips.Pensions actuary, Runner, Dog parent, Homeowner1
-
Yes it is the same on both payslips. I am going to email paycircle for clarification but I just wanted to check on here first with regard to accumulation of gross pay.biscan25 said:Taxable pay is the important consideration here. I imagine that is the same on both Sage and Paycircle payslips.0 -
Neither gross pay (likely to be different across employers/payroll administrators) not taxable pay is used to determine eligibility for Marriage Allowance.
The crucial thing is what rate(s) of tax you are liable at.
If you are liable to higher rate tax or would be liable to higher rate tax if it weren't for the dividend nil rate band (aka Dividend Allowance) then you aren't eligible, either as the applicant or recipient.
If neither applies then you are eligible, again either as applicant or recipient.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards