Remove Net Pay Remove Presentation Remove Taxes
article thumbnail

India’s Payroll Processing: A Comprehensive Step-by-Step Guide

Qandle

This guide presents a comprehensive step-by-step procedure for payroll processing in India, including the techniques and stages involved. Statutory contributions such as Provident Fund (PF), Employee State Insurance (ESI), and Professional Tax (PT) are deducted from the gross salary. Looking for the Best Payroll Software ?

Payroll 98
article thumbnail

A Guide to Calculating Pensionable Earnings for Employers

Employee Benefits

This article will explain the different methods for calculating pensionable earnings and how these methods affect pension contributions and tax efficiency. Basic pay (bonus is not considered): Bonus excluded Pensionable earnings £38,000 Employer contribution: £1,140 Employee contribution (inc. Employee contribution (inc.

Pension 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Buyers’ guide to off-the-shelf voluntary benefits schemes

Employee Benefits

Implementing these schemes presents various advantages to both employers and employees. Are there any tax or legal issues? Lifestyle savings and shopping discounts are often a mainstay of off-the-shelf benefits packages because they do not attract any additional tax.

article thumbnail

Mortgage pre-approval checklist for homebuyers

Higginbotham

Tax Documents. If you are paid by check, save the stubs that show your weekly or monthly gross and net pay, along with the cumulative totals for amounts paid year-to-date. If you haven’t been saving pay stubs, you may be able to get copies of checks from your bank. Tax Documents. Attach Your Tax Returns.

Banking 52
article thumbnail

Excel Skills Matter: Preparing for the Payroll Assistant Assessment

Professionals Alternative

As a payroll assistant, you will often need to calculate gross and net pay, deductions, and tax withholdings. For example, you can create a template for calculating employee taxes or generating pay stubs. Familiarize yourself with Word and PowerPoint to create professional documents and presentations.

Payroll 52