There are now 3 example sets on the recording of wages and salaries. In each case the answer will be given using a separate account for the recording of employer's NI.
Also we will continue recording the wages and salaries as 3 entries.
The Timber Trading Co. employs Mr Johnson as a foreman. His December payslip is shown [{m}.{s}a].
Timber Trading Co. | |||||
---|---|---|---|---|---|
Date: | December | ||||
Name: | J Johnson | Tax Code | 348H | ||
Gross pay for month | 800 | ||||
Less deductions | |||||
PAYE | 123 | ||||
National Insurance | 60 | ||||
183 | |||||
Net Pay for month | 617 | ||||
Employer's National Insurance | 56 | ||||