Patriot Software

MAY 11, 2022

Employee salary: $50,000 a year. Between taxes and benefit deductions, the employee’s take-home pay could be far from the $50,000 sticker price (cue the sad violin). To find their take-home pay, you need to know how to calculate net pay. After all, you want to […] READ MORE.

Net Pay 80

Net Pay Take Home Pay Payroll Deductions 80

Patriot Software

FEBRUARY 25, 2019

After you subtract all of the taxes and other deductions, money left over is considered take-home pay. Read on to learn more about what is take-home pay and how to calculate it. What is take home pay? Take-home pay may also be called net pay.

Take Home Pay 46

Take Home Pay Gross Pay 401(k) Deductions 46

Employee Benefits

JULY 25, 2023

Defined benefit pensions guarantee a specific retirement income based on factors like salary and length of service. Net Pay contributions from your employees is deducted before tax. This operates on the same principle as Salary Sacrifice. Salary Sacrifice: Does your pension provider offer a Salary Sacrifice scheme?

Pension 96

Pension Net Pay Taxes Salary 96

Employee Benefits

APRIL 22, 2024

The frozen tax thresholds could see some employees ‘dragged’ into paying more tax and have less disposable income as a result. A salary sacrifice arrangement can support employees who are dealing with the impact of fiscal drag. Meanwhile, discounts and e-vouchers on everyday purchases stretch employees’ salaries further.

Employment 59

Employment Taxes Finance Net Pay 59