- Employee has worked 37.5 hours.
- Employee is aged 25 or over and is eligible for National Living Wage (£7.83).
- Employee is on the standard 2018-19 tax code of 1185L.
- ADVANCE has retained a standard margin.
- Tax and National Insurance (NI) allowances have been calculated on a weekly basis.
- Employee is assumed to be on a 'Week1/Month1' tax code, whereby the employee's year-to-date tax figures are
not taken into consideration when calculating tax.
- Employee has claimed for 170 miles, reimbursed at 45p per mile (this figure is based on the average mileage
processed for employees claiming mileage from ADVANCE during October & November 2016 - rounded up)
- The only exception is the £12 hourly rate illustration. In this scenario, the employee has claimed for 33 miles.
- Employee has claimed for five days of subsistence allowance at £10 per day, based upon the prevailing HMRC
benchmark scale rates as of April 2018:
https://www.gov.uk/hmrc-internal-manuals/employment-income-manual/eim30240
- Holiday pay for the employee has been calculated as 12.07% of the employee's gross pay and has been paid and
processed to the employee as part of their weekly payment.
- The employee has remained opted-in to ADVANCE's pension scheme, with employer contributions calculated at 2% and employee contributions calculated at 3% of the employee's gross pay.