{"id":17,"date":"2026-01-21T13:38:37","date_gmt":"2026-01-21T13:38:37","guid":{"rendered":"https:\/\/dev.mikeybryce.com\/?page_id=17"},"modified":"2026-01-21T13:38:37","modified_gmt":"2026-01-21T13:38:37","slug":"payslip-explainer","status":"publish","type":"page","link":"https:\/\/dev.mikeybryce.com\/?page_id=17","title":{"rendered":"Payslip Explainer"},"content":{"rendered":"    <div class=\"payslip-explainer-wrapper\" style=\"max-width: 800px;\">\n        <!-- Walk me through button -->\n        <div class=\"pe-walkthrough-controls\">\n            <button class=\"pe-walkthrough-btn\" id=\"pe-walkthrough-btn\">\n                <span class=\"pe-walkthrough-icon\">\u25b6<\/span>\n                Walk me through it\n            <\/button>\n            <div class=\"pe-walkthrough-nav\" id=\"pe-walkthrough-nav\">\n                <button class=\"pe-nav-btn\" id=\"pe-prev-btn\">\u2190 Previous<\/button>\n                <span class=\"pe-step-counter\" id=\"pe-step-counter\">1 \/ 35<\/span>\n                <button class=\"pe-nav-btn\" id=\"pe-next-btn\">Next \u2192<\/button>\n                <button class=\"pe-exit-btn\" id=\"pe-exit-btn\">\u2715 Exit<\/button>\n            <\/div>\n        <\/div>\n\n        <!-- Fireworks container -->\n        <div class=\"pe-fireworks\" id=\"pe-fireworks\"><\/div>\n\n        <div class=\"payslip\">\n            <!-- FCSA Logo -->\n            <div class=\"pe-logo-section\">\n                <img decoding=\"async\" src=\"https:\/\/dev.mikeybryce.com\/wp-content\/plugins\/payslip-explainer\/assets\/images\/fcsa-logo.svg\" alt=\"FCSA Logo\">\n            <\/div>\n\n            <!-- Main Orange Header -->\n            <div class=\"pe-main-header pe-hotspot\" data-title=\"Reconciliation Statement\" data-content=\"A reconciliation statement shows how the payment received from the agency is allocated. It breaks down the total amount into employer costs, statutory deductions, and your take-home pay - giving full transparency of where the money goes.\">\n                EXAMPLE UMBRELLA LTD RECONCILIATION STATEMENT FOR AN ANONYMOUS\n            <\/div>\n\n            <!-- Top Grid: Company Income & Assignment Rates -->\n            <div class=\"pe-top-grid\">\n                <!-- Company Income Received -->\n                <div class=\"pe-company-income\">\n                    <div class=\"pe-section-header-orange pe-hotspot\" data-title=\"Company Income Received\" data-content=\"This section shows how the total payment from the agency is allocated before calculating your gross salary. It includes employer costs that must be paid before you receive your wages.\">\n                        Company Income Received\n                    <\/div>\n                    <table class=\"pe-income-table\">\n                        <tr class=\"pe-hotspot\" data-title=\"Company Income &amp; Costs\" data-content=\"The total amount the recruitment agency pays to the umbrella company for your work. This is calculated from your hours worked multiplied by your assignment rate. This is NOT your salary - employer costs are deducted from this amount first.\">\n                            <td>Company Income & Costs<\/td>\n                            <td>1300.00<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Apprenticeship Levy\" data-content=\"A government levy to fund apprenticeships in the UK. Employers with an annual pay bill over \u00a33 million must pay 0.5% of their total pay bill.\">\n                            <td>Apprenticeship Levy<\/td>\n                            <td>5.50<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Employer's NIC\" data-content=\"Employer's National Insurance Contributions - a tax paid by employers on employee earnings above the Secondary Threshold. This is a significant employment cost that comes out of the assignment rate before your gross salary is calculated.\">\n                            <td>Employer's NIC<\/td>\n                            <td>150.27<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Company Margin\" data-content=\"The amount the umbrella company retains for employing you. This covers payroll processing, compliance, employment rights administration, insurance, and contract management. Margins vary between umbrella companies.\">\n                            <td>Company Margin<\/td>\n                            <td>21.00<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Expenses\" data-content=\"Legitimate business expenses you have claimed and had approved. These may include travel to temporary workplaces or other allowable business costs. Expenses are typically reimbursed separately from taxable pay.\">\n                            <td>Expenses<\/td>\n                            <td>0.00<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Retained Holiday Pay\" data-content=\"Some umbrella companies retain a portion of your pay to cover statutory holiday entitlement (5.6 weeks per year). When you take holiday, this retained amount is released. If shown as zero, holiday pay may be rolled up into each payment instead.\">\n                            <td>Retained Holiday Pay<\/td>\n                            <td>0.00<\/td>\n                        <\/tr>\n                    <\/table>\n                <\/div>\n\n                <!-- Assignment Rates -->\n                <div class=\"pe-assignment-section\">\n                    <div class=\"pe-section-header-orange pe-hotspot\" data-title=\"Assignment Rate(s)\" data-content=\"This section shows the details of your assignment - the hourly or daily rate agreed between the agency and umbrella company, the hours or days worked, and the total payment for the period.\">\n                        Assignment Rate(s)\n                    <\/div>\n                    <table class=\"pe-assignment-table\">\n                        <tr>\n                            <th>Units<\/th>\n                            <th>Rate<\/th>\n                            <th>Total<\/th>\n                            <th>Agency\/Description<\/th>\n                            <th>Description<\/th>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Assignment Breakdown\" data-content=\"Shows the units worked (hours or days), the agreed rate per unit, the total payment, and the agency name. The total here matches the Company Income &amp; Costs figure - this is the starting point before any deductions.\">\n                            <td>35.00<\/td>\n                            <td>37.14<\/td>\n                            <td>1300.00<\/td>\n                            <td>Recruitment Agency<br>Example LTD<\/td>\n                            <td>Hourly rate<\/td>\n                        <\/tr>\n                    <\/table>\n                <\/div>\n            <\/div>\n\n            <!-- EXAMPLE PAYSLIP Header -->\n            <div class=\"pe-blue-header pe-hotspot\" data-title=\"Your Payslip\" data-content=\"This section is your personal payslip. Everything above shows how the agency payment was allocated. Everything below shows your actual salary, what you're being paid, and the statutory deductions taken.\">\n                EXAMPLE PAYSLIP\n            <\/div>\n\n            <!-- Employee Details -->\n            <div class=\"pe-employee-header pe-hotspot\" data-title=\"Employee Information\" data-content=\"Your personal details as held by the umbrella company, including your unique employee reference number, National Insurance number, and tax code assigned by HMRC.\">\n                <div>Employee Name<\/div>\n                <div>Employee Number<\/div>\n                <div>NI Number<\/div>\n                <div>Tax Code<\/div>\n                <div>Pay Date<\/div>\n                <div>Periods<\/div>\n            <\/div>\n            <div class=\"pe-employee-data pe-hotspot\" data-title=\"Your Details Explained\" data-content=\"Your tax code determines your tax-free Personal Allowance. The number multiplied by 10 gives your allowance (e.g., 1257L = \u00a312,570). Letters indicate your situation. An 'X' or 'W1\/M1' suffix means you're on a non-cumulative (emergency) basis.\">\n                <div>An Anonymous<\/div>\n                <div>XXXXXX<\/div>\n                <div>XXXXXXXXX<\/div>\n                <div>1257L<\/div>\n                <div>22\/05\/25<\/div>\n                <div>7<\/div>\n            <\/div>\n\n            <!-- Payments and Deductions -->\n            <div class=\"pe-pay-ded-grid\">\n                <!-- Payments -->\n                <div class=\"pe-payments-section\">\n                    <div class=\"pe-section-header-payments pe-hotspot\" data-title=\"Payments\" data-content=\"This section shows your gross pay - all the components that make up your total taxable salary before any deductions are taken.\">\n                        PAYMENTS\n                    <\/div>\n                    <table class=\"pe-pay-table\">\n                        <tr>\n                            <th class=\"pe-text-left\">Description<\/th>\n                            <th>Units<\/th>\n                            <th>Rate (\u00a3)<\/th>\n                            <th>Amount (\u00a3)<\/th>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Basic Rate\" data-content=\"Your basic pay, typically calculated at National Minimum Wage or National Living Wage rates. By law, umbrella companies must pay at least the statutory minimum for all hours worked.\">\n                            <td>Basic Rate<\/td>\n                            <td class=\"pe-center\">35.00<\/td>\n                            <td class=\"pe-center\">12.21<\/td>\n                            <td class=\"pe-amount\">427.35<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Holiday Pay\" data-content=\"Your statutory holiday entitlement. All workers are entitled to 5.6 weeks paid holiday per year. This can be paid as advanced holiday pay each period, or accrued and paid when you take time off.\">\n                            <td>Holiday Pay<\/td>\n                            <td class=\"pe-center\">1.0<\/td>\n                            <td class=\"pe-center\">202.66<\/td>\n                            <td class=\"pe-amount\">202.66<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Additional Taxable Wage\" data-content=\"Often called a 'balancing payment' or 'top-up'. This is the remaining amount after basic pay, holiday pay, and employer costs have been accounted for. It brings your gross pay up to the full amount available from the assignment rate.\">\n                            <td>Additional Taxable Wage\/<br>Commission<\/td>\n                            <td class=\"pe-center\">1.0<\/td>\n                            <td class=\"pe-center\">467.81<\/td>\n                            <td class=\"pe-amount\">467.81<\/td>\n                        <\/tr>\n                        <tr class=\"pe-spacer-row\"><td colspan=\"4\"><\/td><\/tr>\n                        <tr class=\"pe-total-row pe-hotspot\" data-title=\"Total Payments\" data-content=\"Your total gross salary for this pay period - the sum of all payment components above. This is your taxable income before PAYE tax and National Insurance are deducted.\">\n                            <td colspan=\"3\"><strong>Total Payments<\/strong><\/td>\n                            <td class=\"pe-amount\"><strong>1097.82<\/strong><\/td>\n                        <\/tr>\n                    <\/table>\n                <\/div>\n\n                <!-- Deductions -->\n                <div class=\"pe-deductions-section\">\n                    <div class=\"pe-section-header-payments pe-hotspot\" data-title=\"Deductions\" data-content=\"Statutory deductions required by law. These are calculated based on your earnings and tax code, then paid directly to HMRC by your employer. These are not umbrella company fees.\">\n                        DEDUCTIONS\n                    <\/div>\n                    <table class=\"pe-pay-table\">\n                        <tr>\n                            <th class=\"pe-text-left\">Description<\/th>\n                            <th>Amount (\u00a3)<\/th>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"PAYE Income Tax\" data-content=\"Pay As You Earn income tax, calculated based on your tax code and earnings. Your Personal Allowance is tax-free; earnings above this are taxed at 20% (basic rate), 40% (higher rate), or 45% (additional rate) depending on your total income.\">\n                            <td>PAYE (Income Tax)<\/td>\n                            <td class=\"pe-amount\">197.40<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Employee's NIC\" data-content=\"Your National Insurance contributions. Employees pay NI on earnings above the Primary Threshold. This contributes towards your State Pension and other benefits. This is different from Employer's NIC which the company pays separately.\">\n                            <td>Employee's NIC<\/td>\n                            <td class=\"pe-amount\">60.62<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Workplace Pension\" data-content=\"Your auto-enrolment pension contribution. By law, employers must enrol eligible workers into a workplace pension scheme. A percentage of your qualifying earnings is deducted and paid into your pension pot, along with employer contributions.\">\n                            <td>AE Pension<\/td>\n                            <td class=\"pe-amount\">33.88<\/td>\n                        <\/tr>\n                        <tr class=\"pe-spacer-row\"><td colspan=\"2\"><\/td><\/tr>\n                        <tr class=\"pe-total-row pe-hotspot\" data-title=\"Total Deductions\" data-content=\"The total statutory deductions taken from your gross pay. This includes income tax, employee's National Insurance, and pension contributions. These amounts are paid to HMRC and your pension provider on your behalf.\">\n                            <td><strong>Total Deductions<\/strong><\/td>\n                            <td class=\"pe-amount\"><strong>291.90<\/strong><\/td>\n                        <\/tr>\n                    <\/table>\n                <\/div>\n            <\/div>\n\n            <!-- Bottom Three Columns -->\n            <div class=\"pe-bottom-grid\">\n                <!-- Company Info -->\n                <div class=\"pe-bottom-col\">\n                    <div class=\"pe-section-header-orange pe-hotspot\" data-title=\"Company Information\" data-content=\"Administrative details about your umbrella company employer, including their tax references and your payment details.\">\n                        Example Umbrella LTD Information\n                    <\/div>\n                    <table class=\"pe-bottom-table\">\n                        <tr class=\"pe-hotspot\" data-title=\"PAYE Reference\" data-content=\"The umbrella company's unique employer reference number registered with HMRC. This identifies them as your employer for tax purposes.\">\n                            <td>PAYE Reference<\/td>\n                            <td>XXX\/XXX<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Tax Period\" data-content=\"The week or month number within the tax year. The UK tax year runs from 6th April to 5th April. This helps track where you are in the tax year for cumulative tax calculations.\">\n                            <td>Tax Period<\/td>\n                            <td>7<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Period Ending\" data-content=\"The last day of the pay period covered by this payslip.\">\n                            <td>Period Ending<\/td>\n                            <td>24\/05\/25<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Pay Frequency\" data-content=\"How often you are paid - weekly, fortnightly, four-weekly, or monthly. This affects how your tax-free allowance is applied each pay period.\">\n                            <td>Pay Frequency<\/td>\n                            <td>Weekly<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Payment Method\" data-content=\"How your wages are paid to you. BACS is the standard UK bank transfer system used for payroll payments.\">\n                            <td>Payment Method<\/td>\n                            <td>Bacs<\/td>\n                        <\/tr>\n                    <\/table>\n                <\/div>\n\n                <!-- This Period -->\n                <div class=\"pe-bottom-col\">\n                    <div class=\"pe-section-header-orange pe-hotspot\" data-title=\"This Period\" data-content=\"A summary of your pay for this specific pay period, showing taxable earnings, NI-able earnings, expenses, and your final net pay.\">\n                        This Period\n                    <\/div>\n                    <table class=\"pe-bottom-table\">\n                        <tr class=\"pe-hotspot\" data-title=\"Total Taxable Pay\" data-content=\"Your gross earnings for this period that are subject to income tax.\">\n                            <td>Total Taxable Pay<\/td>\n                            <td>1097.82<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Earnings for NICs\" data-content=\"The amount of your earnings that National Insurance contributions are calculated on. This may differ slightly from taxable pay due to different thresholds.\">\n                            <td>Earnings for NICs<\/td>\n                            <td>1097.82<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Expenses\" data-content=\"Any approved expenses being reimbursed this period. Legitimate business expenses are typically paid separately and are not subject to tax or NI.\">\n                            <td>Expenses<\/td>\n                            <td>0.00<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Net Payment\" data-content=\"Your take-home pay - the amount that will be paid into your bank account after all deductions.\">\n                            <td>Net Payment<\/td>\n                            <td>805.92<\/td>\n                        <\/tr>\n                    <\/table>\n                <\/div>\n\n                <!-- Year to Date -->\n                <div class=\"pe-bottom-col\">\n                    <div class=\"pe-section-header-orange pe-hotspot\" data-title=\"Year to Date\" data-content=\"Cumulative totals since the start of the current tax year (6th April). These figures are used for annual tax calculations and appear on your P60 at year end.\">\n                        Year to Date\n                    <\/div>\n                    <table class=\"pe-bottom-table\">\n                        <tr class=\"pe-hotspot\" data-title=\"Gross Pay YTD\" data-content=\"Your total gross earnings so far this tax year, before any deductions.\">\n                            <td>Gross Pay YTD<\/td>\n                            <td>7016.61<\/td>\n                        <\/tr>\n                        <tr class=\"pe-hotspot\" data-title=\"Tax Paid YTD\" data-content=\"The total income tax deducted from your pay so far this tax year.\">\n                            <td>Tax Paid YTD<\/td>\n                            <td>1114.20<\/td>\n                        <\/tr>\n                    <\/table>\n                    <div class=\"pe-total-payment-box pe-hotspot\" data-title=\"Total Payment\" data-content=\"Your net pay - the actual amount being transferred to your bank account. This is what remains after employer costs are taken from the assignment rate, and statutory deductions (tax and NI) are taken from your gross salary.\">\n                        <span>Total Payment (\u00a3)<\/span>\n                        <span>805.92<\/span>\n                    <\/div>\n                <\/div>\n            <\/div>\n\n            <!-- Address and Message -->\n            <div class=\"pe-addr-msg-grid\">\n                <div class=\"pe-addr-box pe-hotspot\" data-title=\"Address\" data-content=\"Your registered address held by the umbrella company. This is used for official correspondence and appears on tax documents.\">\n                    <h4>Address:<\/h4>\n                    <p>Mr An Anonymous<br>XXXXX<br>XXXXX<br>XXXXX<\/p>\n                <\/div>\n                <div class=\"pe-msg-box pe-hotspot\" data-title=\"Message\" data-content=\"A message from your umbrella company. This often contains reminders about holiday entitlement, important notices, or other information relevant to your employment.\">\n                    <h4>Message:<\/h4>\n                    <p>Although you have taken your holiday pay in advance, please remember to take sufficient and regular time off.<\/p>\n                <\/div>\n            <\/div>\n\n            <!-- Footers -->\n            <div class=\"pe-footer-dark\">\n                1 Road Name, Town Name, County Name, Post Code\n            <\/div>\n            <div class=\"pe-footer-orange\">\n                <span>EXAMPLE UMBRELLA LTD<\/span>\n                <span>Company Reg No. 00000000<\/span>\n                <span>VAT No. 000000000<\/span>\n            <\/div>\n        <\/div>\n\n        <!-- Tooltip -->\n        <div class=\"pe-tooltip\" id=\"pe-tooltip\">\n            <div class=\"pe-tooltip-header\" id=\"pe-tooltip-header\"><\/div>\n            <div class=\"pe-tooltip-content\" id=\"pe-tooltip-content\"><\/div>\n        <\/div>\n\n        <!-- Mobile overlay -->\n        <div class=\"pe-mobile-overlay\" id=\"pe-mobile-overlay\">\n            <div class=\"pe-mobile-sheet\">\n                <div class=\"pe-mobile-sheet-header\">\n                    <span id=\"pe-mobile-title\"><\/span>\n                    <button class=\"pe-mobile-close\" id=\"pe-mobile-close\">&times;<\/button>\n                <\/div>\n                <div class=\"pe-mobile-sheet-content\" id=\"pe-mobile-content\"><\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n    \n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-17","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dev.mikeybryce.com\/index.php?rest_route=\/wp\/v2\/pages\/17","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.mikeybryce.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/dev.mikeybryce.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/dev.mikeybryce.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.mikeybryce.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17"}],"version-history":[{"count":1,"href":"https:\/\/dev.mikeybryce.com\/index.php?rest_route=\/wp\/v2\/pages\/17\/revisions"}],"predecessor-version":[{"id":18,"href":"https:\/\/dev.mikeybryce.com\/index.php?rest_route=\/wp\/v2\/pages\/17\/revisions\/18"}],"wp:attachment":[{"href":"https:\/\/dev.mikeybryce.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}