Explaining your Clipper PAYE payslip
Here is an explanation of your payslip that you receive from us.
We receive the contract sum (Company Receipts) from your recruitment agency.
Our employment costs (Company Deductions) are then paid from the Company Receipts (If you have opted to have your holiday pay accrued this will also be shown in the Company Deductions).
What remains is your gross pay or taxable pay (Employee Payments) – this is split into Basic Pay (hours worked at the minimum wage) plus additional pay (anything else owed above minimum wage).
From your gross pay we deduct your personal tax and national insurance.
This then leaves your net pay or your take home pay. This is the amount that will clear into your bank.
We receive the contract sum (Company Receipts) from your recruitment agency.
Our employment costs (Company Deductions) are then paid from the Company Receipts (If you have opted to have your holiday pay accrued this will also be shown in the Company Deductions).
What remains is your gross pay or taxable pay (Employee Payments) – this is split into Basic Pay (hours worked at the minimum wage) plus additional pay (anything else owed above minimum wage).
From your gross pay we deduct your personal tax and national insurance.
This then leaves your net pay or your take home pay. This is the amount that will clear into your bank.
Updated on: 27/02/2024
Thank you!