I wonder if anyone can help please, Im new to contracting .... and just got my first one
ive just signed up to a large umbrella company and have had a breakdown of my finances sent over but they dont make sense.
I was told that i could claim 45p/mile and it would be approx £228 per month.
when i have been sent the breakdown from the umbrella company, they are showing the £228 as a deduction from the weekly pay, and then in the breakdown of what I will get Net they have showing the £228 as money I will receive.
So say im on £1k a week, there taking the £228 off that ( as well as NI etc) and then in the take come pay, there showing approx £x amount and then the £228
What I dont understand why are they taking the £228 from my monthly amount, and then showing me receive it as travel expenses in the next column.
So i dont understand its showing me paying £228 expenses then receiving £228 back, so im not getting any expenses im paying it out to receive it..... this isnt right is it ????? iis this normal
Any help appreciated....
ive just signed up to a large umbrella company and have had a breakdown of my finances sent over but they dont make sense.
I was told that i could claim 45p/mile and it would be approx £228 per month.
when i have been sent the breakdown from the umbrella company, they are showing the £228 as a deduction from the weekly pay, and then in the breakdown of what I will get Net they have showing the £228 as money I will receive.
So say im on £1k a week, there taking the £228 off that ( as well as NI etc) and then in the take come pay, there showing approx £x amount and then the £228
What I dont understand why are they taking the £228 from my monthly amount, and then showing me receive it as travel expenses in the next column.
So i dont understand its showing me paying £228 expenses then receiving £228 back, so im not getting any expenses im paying it out to receive it..... this isnt right is it ????? iis this normal
Any help appreciated....
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