Payslip abbreviations

What does your payslip include? Some of the abbreviations you might find on your payslip include: BACS – Bankers Automated Clearing Services: an electronic payment scheme BA – Bereavement Allowance: an allowance given to widowers or surviving civil partners CHB – Child Benefit: for parents with children under CTC – Child Tax. A payslip is a summary of your earnings and deductions issued by your employer on a weekly, bi-weekly, or monthly basis – depending on how often you get paid. This money goes towards.

NICs stand for National Insurance Contributions.

Keeping your payslip. HMRC explains this may be used when an employee hasn. Below we explain a proportion of these phrases and terms in an easy to understand manner. It should also show taxes and any other deductions that have been taken out of your earnings.

Understanding your payslip. Some companies use payroll numbers to identify individuals on the payroll. The date your pay should be credited to your bank account is usually shown.

You are going to see several abbreviations on your paycheck. But, when you are trying to decipher it all, it can look pretty intimidating. On your pay stub, you’ll see some common payroll abbreviations and some that aren’t so common. You may need this number when applying for tax credits, applying for.

The example to the right (Mr. Other, who works in Head Office) has been produced to help explain the different areas of the payslip. In addition, there is a small table of abbreviations below which will help your understanding of some of the items which will appear on your actual payslip. Definitions for terms and acronyms used throughout MOD documents. Welcome to Abbreviations.

Web to governmental, medicine and business and it is maintained and expanded by a large community of. For simplicity, you can break them down by pay stub abbreviations found in the header, earnings and deductions sections. Introduction The alphabet soup of acronyms in the pensions field can be confusing even for practitioners. The collection below is designed for non-technicians and includes pensions industry and investment industry terms and abbreviations which the lay pensions trustee is likely to come across in practice. Federal income taxes are usually easy to spot.

They will be indicated by FT, FWT, FED or FED TAX. State tax abbreviations are similar, although instead of ST, SWT or ST TAX, you might also see the.

The terms are sorted alphabetically in English with the corresponding French below. The employer gives the employee a payslip on payday which sets out the gross and cumulative amounts of pay and all the deductions. HR Employment Acronyms. An organization only runs as well as its HR department. Payroll Terminology.

CURRENT PAYSLIP : this indicates that this is payslip for this pay period. EMP NAME: this is where your name appears on the payslip. FREQUENCY: this indicates your pay frequency.

M = Monthly, W = Weekly, F = Fortnightly, = Four-Weekly, B = Bi-Monthly. PPS NO: this is your PPS Number (Personal Public Service Number). A payslip is a note provided to an employee, outlining details such as the amount they’ve been paid for a particular perio as well as the amount of tax deducted. Casual staff should also expect to receive a payslip before getting paid. Your payslip must show your gross pay, variable deductions, fixed deductions, net pay, and amount and method for any part payment.

To view a description, select the letter your acronym begins with and then scroll. There is no agreement amongst clinicians to use any other abbreviations at all. Please contact the Records Manager should you believe a new abbreviation should be added to the list. Left or right must be written in full.

Consensus agreed in Trust documentation 2. ATS – Applicant Tracking System. BOD – Board of Directors. AR – Annual Review. BU – Bargaining Unit. List of standard military abbreviations that may be used on this site (and elsewhere).

We apologise for any ommissions - it is always difficult to include everything in such a list. How do I access my online payslip ?