need clarification on salary. please please help

[jeevad]

Hi,

Im applying for extension in March 2011. Currently Im working as a contractor with £250 per day and using a umberlla company for my payroll.

Im little confused of the parts of my salary is considered by ukba. I have given the complete splitup of my salary here on monthly basis.

Invoice

Net:£4,750.00
VAT:£950.00
Gross:£5,700.00

salary breakup

BASIC PAY £845.03
HOLIDAY PAY £321.00
PARASOL BUSINESS EXPENSES £1,439.41
COMMISSION £1,814.54
EMPLOYEES NATIONAL INSURANCE £285.43
PAYE INCOME TAX £596.00
Employers NI £330.04

I have provided all the information in the payslip. The umberlla company has restructured my pay so as to reduce tax. Please let me know, which are the parts, I can claim as salary in points calculation. Any more explanation Im ready to provide. please help me.

Thanks,
jeeva

[AccountantMatthew]

From the information provided and with reference to current tax tables (and a calculator) your earnings will be £2,980.57 for the month provided.

That is your basic pay, holiday pay and commission.