| Spreadsheet to demonstrate Umbrella Compliance. | |||||
| Employers NI Threshold | 157.00 | ||||
| Employers NI Rate | 0.138 | ||||
| Minimum Wage Rate | 7.50 | ||||
| Holiday Pay Percentage | 0.1207 | ||||
| Hours Worked | 32 | 39.5 | |||
| Hourly Rate | 22 | ||||
| Gross Pay | 704 | ||||
| Margin | 18.00 | ||||
| Employers NI ((Gross Pay - Threshold - Margin) * 0.138 / 1.138 | 64.1494 | 64.1494 | |||
| Gross Pay - Deductions (this is actual taxable pay) | 621.85 | ||||
| Hours Worked * MWR | 240 | ||||
| Holiday Pay | 28.968 | ||||
| Tax needs to be paid on | 268.97 | ||||
| THE ABOVE IS COMPLIANT |
