pension contribution problem

Question asked by Paul James 5 years ago

i have a problem with the employees contribution on payrol for example an employee earning 24K a year with a 5% contribution should contribute £100.00 however on the pay slip the pension contribution shows as £80.00 im not sure why this is, i have put the contribution down as 5% (see attached) what am i doing wrong please

Many thanks Simon

file

5 Replies

Hi Paul,

You can find this under the pensions > Pension scheme screen.

All the best,

Mohamed.

Hi Paul,

Can I just ask if you have basic tax relief at source selected? If you do, then 1% is contributed by the government and the remaining 4% by the employee.

All the best,

Mohamed.

hi Mohamed

Sorry where abouts do i select basic tax relief at source

Many thanks Simon

Hi Paul,

You can find this under the pensions > Pension scheme screen.

All the best,

Mohamed.

Reply to this question

Attach images by dragging and dropping or upload
 

Your comments will be public and can be answered by anyone in the Clear Books community.

Find out what we do and who we are