Questions related to periodic income earned through employment, especially in predefined amounts such as might be stipulated in a contract. This tag should be used in contrast to questions about wages, which are typically earned at a defined *rate* per time period rather than in defined total ...

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0
votes
1answer
28 views

Whats the best way to convert a contractor's rate to an employee's rate [duplicate]

Whats the best way to convert a contractor's rate to an employee's rate
0
votes
2answers
117 views

Why my bi-weekly salary after taxes doesn't sum up my yearly income [duplicate]

I'm a little bit confused about my paycheck. We have an internal tool that helps me calculate my bi-weekly paycheck, the details are as follows... keep in mind that my F1 OPT status exempts me from ...
-1
votes
0answers
55 views

What's the difference between salary and regular earning?

On my first paystub I have the following information: made up numbers Salary: $5,000 <- (this number does not include bonus) Regular earnings: $4,500 <- (??? less money than the stated salary ...
1
vote
1answer
88 views

My pf no on salary slip is MH/PUN/ Can anyone tell me how can I get UAN no if combination for Maharashtra-Pune becomes PU/PUN UAN Member Portal?

I work in India, Pune. I want to generate UAN [Universal Account Number] allocated to track the PF [Provident Fund, Govt. Pension scheme]. I was using government site Employee's Provident Fund ...
4
votes
2answers
132 views

My bank account shows my earned income as a fund transfer rather than as a salary

I work for a US staffing company. Every month, (what I think of as) my salary gets credited into my savings bank account, but the statement shows this credit as a 'fund transfer' rather than as ...
0
votes
1answer
32 views

US Salary Transfered to Indian Acc and Tax Relation

I am on H1b , working in US at client location. I have transferred an amount of approx 15-20k$ to Indian Account (not NRE). How would it effect my Tax in US and India. How can I avoid tax the money ...
2
votes
0answers
100 views

Extra salary against London costs?

Until now I have always worked near my home in the South of England, currently for a salary somewhere between 35 and £40k. There is the possibility of a move to London, for which the initial ...
11
votes
1answer
694 views

Why might Social Security employee deductions from paycheck vary across pay periods?

What percentage of salary deducts for an employee's Social Security contribution? And why will there be a difference in % deducted? My salary statement for October and September 2015 has the same ...
1
vote
1answer
70 views

How to budget for monthly bills on weekly pay and “Continental” shift pattern with varied hour rate? [duplicate]

I'm about to start a temporary job with a pay arrangement I'm not used to - I'm used to monthly. It's weekly pay and after training, I will be switching to what the company describes as a Continental ...
-1
votes
2answers
195 views

Taking a loan from yourself

In general everyone is, for good reason, against having credit card debt. In a scenario where someone is paid a certain sum each month, and wants to spend only a certain amount each month, can he ...
2
votes
1answer
219 views

£600 per month after rent: is this good?

After income tax, I will take home a pay of £1880 per month. After rent, this becomes around £600 per month. But I haven't included council tax in this, so it will be less than £600. Is this ...
1
vote
1answer
163 views

My salary from Dubai to India in INR ; taxable or not

I am working in dubai since 3rd may 2013 to till date and receiving my salary in INR in India in ICICI Saving account. I have not filled my ITR. I wish to know : Can I fill my ITR now and what is ...
2
votes
1answer
107 views

Current salary plans - criticisms and suggestions for improvements for a 21 year old

Hi everyone. I am 21 years old, working full time for the government as a Web Developer, and I'm looking to make the smartest decisions for my money. Assuming I get $2100 per fortnight, my planned ...
1
vote
1answer
128 views

What does “Cost of Wage Differential” mean

I am being offered a Cost of Wage Differential in a job offer. Can anyone explain what this is and how to figure out if what I am being given is a fair offer?
1
vote
1answer
109 views

Savings on tax money as a married person?

As I am on normal wage in which I don't have any saving and it's my first job in UK, and as a foreigner I don't know much about rules. I heard somewhere that I can talk to my HR manager to cut me back ...
2
votes
1answer
217 views

Net salary for an internship in Switzerland?

I will be doing a 6-month internship in Switzerland near Lausanne soon, and I will be remunerated 1000 CHF per month in gross salary. How much can I expect in net salary?
2
votes
2answers
292 views

My query about my CTC, Gross salary and net pay

I am working as Software professional in reputed private concern. After one year of my successful completion, they offered me 3 lakhs per annum package. But I am getting only Rs 20606 as net pay per ...
1
vote
0answers
155 views

Do I have to pay UK tax on earnings from Saudi Arabia

I started working in Saudi Arabia on the 31st August 2015, I plan to resign from my job and return to the UK mid July 2015. Will I have to pay UK tax on my earnings from Saudi Arabia? I don't own ...
3
votes
0answers
57 views

With the Fringe Benefits Tax, should I even salary sacrifice for a car?

In Australia, some employers offer an option to salary sacrifice a car purchase. The cost of the car is taken from your pre-tax salary, so your gross income will be less, and therefore, the tax would ...
2
votes
3answers
3k views

How is monthly wage tax calculated in The Netherlands?

AFAIK, in most European countries, the wage tax is calculated based on the total annual earning but is deducted by the employer from the gross salary and paid to the tax authorities in advance, on a ...
5
votes
1answer
309 views

How much total salary to allocate to defer $17,500 to 401(k)?

From my small business, I would like to contribute to my wife's retirement (which also reduces taxable income to the company). My question is about how much total salary should be allocated to her to ...
1
vote
1answer
69 views

Can I write off time spent learning my trade - Two-Man S-Corp

I am a full-time freelance copywriter for an ad agency, who is my sole source of income. I am in the process of forming an S Corp, wherein I will pay myself a salary and take the rest as a ...
4
votes
6answers
196 views

Former Employer direct deposited a payroll check in error

My former employer direct deposited funds into my account. I notified them and they told me they would pull the funds back out. A month has passed and the funds are still there. I want to close this ...
0
votes
1answer
281 views

How much should be our expense and savings ratio? [closed]

What is the right ratio of expense to savings ? is 80-20 alright ? Although we follow high standard living, here in Bharat(India) we can save upto 50%.
0
votes
0answers
39 views

Paying an LLC Partner a Salary in New Jersey

I've been doing a lot of reading in regards to this, but finance is not really my thing. If I have an LLC Partnership in the State of New Jersey, and want to make salary payroll to my fellow owner ...
2
votes
2answers
218 views

How is salary of an owner get determined in a small business?

How does a salary of an shareholder (who is also President/Owner in the company) get determined for a small business Example situation: Owner of Company: owns 90% stake Investor in Company: owns ...
2
votes
1answer
120 views

Indian citizen. Moving to Brunei. Working as freelancer for US company. In which account do I get my salary transferred?

I am an Indian citizen living in the US for last 4 years. My husband will be transferred to Brunei starting July and I will join him too. My US employer wants me to continue working as a freelancer ...
8
votes
3answers
1k views

Are there contracts for fixed pay vs. fixed pay rates?

Are there any contracts that simply pay you when/if you finish a specific project with no mention of a fixed pay/hour? If so, does this mean you can get paid under minimum wage if you take too long to ...
2
votes
1answer
158 views

What happened to my remaining money?

I was offered an Internship at a company with a monthly amount of 15000 rupees. I joined on 6th january 2015. I was paid an amount of 13065 rupees today to my bank account. Where did the remaining ...
2
votes
3answers
2k views

Is paid time off (PTO) considered taxable income?

I am a salaried full-time employee at my company in California, USA. I noticed on both my final 2014 paystub and on my W-2 form that the paid time off (PTO) I took for vacation last year was listed ...
0
votes
1answer
122 views

Opening Company in US as non US resident and living in native country. Tax questions!

I'm planing to open company (C Corporation) with my friend in US, specifically Delaware. But I am not US resident nor is he. Him and I live in Croatia, Europe. We will be owners of company and only ...
0
votes
1answer
875 views

NRE account in indian bank have to pay Income Tax in India

Please help me, i am working in Dubai base company and my work place is any other country Like Oman, Myanmar, etc. Only for work, i am going out side of India say 3-5 month/year. Company is depositing ...
2
votes
1answer
138 views

Paycheck Questions

I have a situation where I believe I was supposed to be paid $1,000 more than what I actually was paid during the year. While it's not a huge amount of money it still would have been nice. I've been ...
1
vote
2answers
212 views

How do companies protect employees' income from currency flucturations? [closed]

Say you are an export-oriented company, selling products abroad and receiving income in some (nominally stable) basket of currencies. Now let's suppose your own domestic currency, the one you use to ...
5
votes
3answers
5k views

Salary Payroll Conversion from Bi-weekly to Semi-monthly Mid-year

My company changed payroll from bi-weekly to semi-monthly mid year The last bi-weekly pay period before conversion ended on 9/7/2014. The first semi-monthly pay period started on 9/16. A pay check was ...
2
votes
1answer
242 views

Is my salary in UK taxable in India?

I have been moved to UK temporarily from India for 2 years. In whole 2013-2014 financial year, I am in UK and getting my salary in UK itself which is being credited in UK based bank. Will my income ...
1
vote
1answer
92 views

Managing account other than salary account

I have a salary account in one bank and a separate saving account in other bank but i dont show my saving account details in ITR will it affect me in future.
0
votes
1answer
150 views

Why should I not disclose my salary?

I'm not looking to blurt out or brag about my salary in social media or anything. I'm apparently making an article about how to get a raise and I am planning to disclose the exact raise (not salary) ...
0
votes
1answer
97 views

Do I have to work a certain amount of hours in order to get paid monthly?

I work as an office assistant and my pay has recently been changed to monthly. I only work 2 days a week now at 8 hours a day and I don't feel that is an adequate amount to receive just once a month. ...
4
votes
3answers
392 views

How are the $1 salaries that CEOs sometimes take considered legal?

I have been reading about various CEOs taking a $1 salary; typically they also take some from of alternate compensation, e.g. stock options. However, very rarely one will take a $1 salary with no ...
0
votes
0answers
85 views

How can I determine my earning power percentile?

There are many online resources to determine your salary percentile nationally. However, this information is not terribly useful as cost-of-living differs greatly from area to area. For instance, a ...
1
vote
1answer
12k views

Is my paycheck correct for Provident Fund deduction at the new company I joined in India?

I am a software engineer, i worked in two organizations in those two organization provident fund was not deducted they credited me complete salary to bank account by monthly . Recently i joined a new ...
1
vote
1answer
123 views

Is there an upper limit for money that an expat can keep in his US bank account?

I am a neither a permanent resident nor a US citizen. I have a bank account with a leading US bank which I use as my salary account. Income taxes are deducted at source. I know that I need to submit ...
2
votes
1answer
217 views

What is the rationale for a separate “National Insurance” tax in the UK?

In the UK there's a type of income tax called "National Insurance", similar to regular income tax. http://www.hmrc.gov.uk/ni/ What is the rationale for having this separate income tax? How does it ...
15
votes
7answers
4k views

Can a company pay a net salary?

I have been approached by a start-up which said that the monthly salary I would earn is a net salary, with no taxes to report on my side, because all taxes are paid and reported by the company. A ...
3
votes
1answer
186 views

How are national insurance deductions calculated in the UK?

I understand that in the UK national insurance is a deduction made to your salary. I have seen this question/answer, that lists 2 very good websites that breakdown your take home pay for UK residents. ...
2
votes
0answers
167 views

How should I split my salary between bank accounts when working abroad?

I am living in Canada and have accepted a temporary position in Kuala Lumpur for a year or two. The company has asked how much of my salary should be deposited in my Canadian account and how much in ...
9
votes
3answers
562 views

S-Corp Reasonable Salary

I am the owner and sole member of a small s-corp. I am a litte confused regarding the reasonable salary the IRS requires. The S-Corp is fairly small and requires very little work to maintain. Would ...
0
votes
1answer
352 views

US: personal income tax calculations and other costs

If an individual has an annual salary of US$150K in Silicon Valley as a software engineer from his/her job, how much would this individual take home (cash)? If said individual has to also take into ...
2
votes
3answers
498 views

Can a new company see how much you're being paid?

I'm currently on (for argument's sake) 20k. I'm due to get a pay rise to 25k soon. I'm going for an interview at a new company soon, and I know that they will ask me what my current salary is. Can I ...