 __________ is what an employee receives after deductions for taxes, insurance, and voluntary deductions.? |
__________ is what an employee receives after deductions for taxes, insurance, and voluntary deductions.
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Additional Details
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HELEND | Going for a loan, but only get my wages weekly in an evelope with my earnings on the front.? |
As its a very small business he doesn't produce lsips but only the envelope, so im going for a loan but need my last payslip., what do I do will they accept a envelope. its a proper one from staples. Thanks
Additional Details
It is a legal job and have worked like this for years, its me and the boss that only work here, and rather than have the exprensive equipment for doing wages he gives me cash in a brown envelope, and he does inform the tax dept |
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bostonianinmo
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Assuming that the gross pay and the taxes withheld are listed on the envelope, that is your pay slip. Some banks may balk at a hand written pay slip or envelope, but a letter from your employer on your employer's letterhead signed by the business owner should normally suffice as proof of income. You could also provide copies of your past 2 or 3 years income tax returns as well. |
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Pink Laydee
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You'll have to show them your p60 or something, you should really be getting a payslip with your wage every week. |
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wizjp
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How about last year's W2 in case they don't? |
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Kylie M
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dont u have ur yearly p60 with ur earnings on.... are these envlopes stammped by ur company if not they wont be valid! |
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ballena
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I think he is breakin the law not giving you a payslip. How does he report your earnings to the Inland Revenue. Does he give you a P60 at the end of the tax year, assuming you are in UK. |
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Bardic
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Anyone can buy pay envelopes from Staples. I'd get your boss to give you a written list of your recent earnings on his headed paper - easy for him to do, he must keep records for the Revenue. |
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pops
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use a tax return
and your envelope |
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robinskip
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Last years W2, is your best bet. If there is a breakdown of the wages, they may work Also, If you don't pay taxes and even if you do, you may have to go "stated" where you just tell them how much you make. The interest rate will be a little higher, but it may help get the loan. |
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boden21
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they may ask for 3 months worth to prove you are earning enough |
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DeeDee
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Bridget P is right. Sounds a bit iffy and I didnt realise people still got paid in this way - even if the envelope is from Staples! Did you explain when you made your appointment that you do not receive payslips? They should have advised/suggested what you could do instead. |
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Ylang-Ylang
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Yes, that will be fine. As long as it has a breakdown of tax, NI,etc, and is an official wage envelope. |
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Navy Sailor - GAI
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Get a legal job where they don't pay you under the table. You do realize that you also aren't paying into Social Security and when you retire you are going to get any benefits. Time to turn these guys into the IRS for not doing what is right and legal by you and by the governement. Even small businesses can do payroll properly and legally that is a horrible excuse. |
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