Questions tagged [salary]
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 amounts.
16
questions with no upvoted or accepted answers
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answer
760
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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, your income ...
3
votes
0
answers
73
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Is personal allowance used up by being paid in America?
I have just started a limited company in the uk and I’ve been contracting my services since jan 1st 2021. Previously I was being paid by an American company. All tax etc. was done in America and I was ...
3
votes
0
answers
151
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Is it fine to use Savings account to pay salaries? what is the downside?
It is taking us time to get checking/current account for the business. We want to know, if it is OK to pay through Business Owner's personal savings account and still have it as a record of business. ...
2
votes
0
answers
179
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What happens to wages when you go bankrupt? (England)
I am having a difficult time keeping up with my payments during the pandemic after being furloughed since March. I have contacted StepChange and they have advised me that the best course of action for ...
2
votes
0
answers
148
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Stock Options in Exchange for Salary
I received an offer letter with with the option to convert part of the salary to stock options as per the below table. Base salary is ₪33K/month (Israeli Shekel). Be aware of '₪' vs '$' in some ...
2
votes
0
answers
95
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What should I consider when claiming relocation expenses in a particular year?
I recently changed jobs with my employer offering relocation assistance as part of the compensation package. I have up to a year to claim the relocation expenses, which consist of the usual items: ...
2
votes
0
answers
53
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Working overseas - Paid locally or USA?
I will be working in Indonesia but for an American company. They can pay me directly in Indonesia or in USA. I asked if they can split my salary between two payments (part to USA, part to Indonesia) ...
2
votes
0
answers
236
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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 ...
1
vote
0
answers
64
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Question on ratio of median renumeration in balance sheet/Question on median salary of a company/ratio of median renumeration in annual report
Consider below Annual report of an company for the year 2021-22 https://on.tcs.com/Annual-Report-2022
In this report on page 89 we have data on "Ratio to median remuneration for all board members&...
1
vote
0
answers
60
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Deducing purchasing power equivalent salaries under tax between two countries
I am trying to figure out how to compute the equivalent salary in a country B given a salary in a country A by taking into account purchasing power parity and tax rates in both countries. The ...
1
vote
0
answers
56
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Help on calculating national insurance obligations as a director of a UK based limited company
For the Jan 2020 to Jan 2021 I was working and being paid in the US. All tax etc. was paid in the US. I came back to the UK and started a business - a limited company where I am director and only ...
1
vote
0
answers
1k
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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 ...
0
votes
0
answers
41
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Demystifying LTA: Monthly Component and Travel Block Limitations
my salary slip shows a monthly LTA component, but the block period allows only 2 trips in 4 years (2022-2025). Only 1 trip, in a financial year, can be claimed I guess. What does this monthly limit ...
0
votes
0
answers
117
views
How to evaluate equity requirement for a stealth startup?
I was asked for salary expectations at a stealth startup. How to go about deciding on the amount of equity when there is no information on their numbers (sales, valuation, etc.) online?
0
votes
0
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67
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Tax in India and UK
I came to the UK in March 2019. Due to other formalities, my bank account was opened in April 2019. So in March 2019 my Indian salary got credited in an Indian bank account after tax deductions.
In ...
-1
votes
1
answer
617
views
Time of resignation and impact on pay if paid bi-weekly instead of bi-monthly
My company has just switched from bi-monthly pay to bi-weekly. The result is that for the first few months of this year, we are actually paid less than for later months in the year. I of course ...