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£18,600 Threshold and (£9,300 over 6 months)

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iamsuperbritish
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Posts: 47
Joined: Tue Dec 09, 2014 9:58 pm
United Kingdom

£18,600 Threshold and (£9,300 over 6 months)

Post by iamsuperbritish » Wed Apr 29, 2015 6:17 pm

Hello,

My question is, if £9,300 needs to be earned in 6 months that equals to £1,550.

But what if on one month I earn £1,000 and then in the 2nd month I earn the £1,500 plus the short fall from the previous month? Does the equal amount £1,550 need to be consistent throughout each month or does it just need to total up to £9,300 within a 6 month period (regardless of how much per month)?

Thanks in advance!

Obie
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Location: UK/Ireland
Ireland

Re: £18,600 Threshold and (£9,300 over 6 months)

Post by Obie » Wed Apr 29, 2015 6:31 pm

It will depend if you are a salaried or non-salaried employee.

For a salaried worker if the wages varies over the 6 months period, then the lowest earning over the 6 months will be multiplied by 6.

If non-salaried , then the total earning over 26 weeks is divided by 6 and multiplied by 12 to get the average annual earning.
Smooth seas do not make skilful sailors

iamsuperbritish
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Posts: 47
Joined: Tue Dec 09, 2014 9:58 pm
United Kingdom

Re: £18,600 Threshold and (£9,300 over 6 months)

Post by iamsuperbritish » Wed Apr 29, 2015 6:38 pm

Obie wrote:It will depend if you are a salaried or non-salaried employee.

For a salaried worker if the wages varies over the 6 months period, then the lowest earning over the 6 months will be multiplied by 6.

If non-salaried , then the total earning over 26 weeks is divided by 6 and multiplied by 12 to get the average annual earning.

Just to be clear SALARIED means a contractual annula pay for eg £20,000 per year?

And non salaried pay means an hourly rate such as £7/hour?

Thanks

Zee ali
Diamond Member
Posts: 1127
Joined: Sun Jan 26, 2014 12:42 am

Re: £18,600 Threshold and (£9,300 over 6 months)

Post by Zee ali » Wed Apr 29, 2015 8:14 pm

iamsuperbritish wrote:
Obie wrote:It will depend if you are a salaried or non-salaried employee.

For a salaried worker if the wages varies over the 6 months period, then the lowest earning over the 6 months will be multiplied by 6.

If non-salaried , then the total earning over 26 weeks is divided by 6 and multiplied by 12 to get the average annual earning.

Just to be clear SALARIED means a contractual annula pay for eg £20,000 per year?

And non salaried pay means an hourly rate such as £7/hour?

Thanks
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q4question
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Posts: 5
Joined: Mon Jun 08, 2015 1:14 pm

Re: £18,600 Threshold and (£9,300 over 6 months)

Post by q4question » Wed Jun 10, 2015 4:07 pm

So,if i work on PAYE zero hours' contract and if i get gross £6.50/hour, will it be consider as non-salaried variable income ?
and do i need to fill up category-b for that ?
means, my variable 6 months' gross income will be divided by 6 and then it will be multiplied by 2. is that right ?

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