Question

How do you work out employees' gross wages given Net wages, PAYE, Employees NI, and Employers NI?

a. Gross Pay = Net wages + PAYE + Employees NI + Employers NI
b. Gross Pay = Net wages - PAYE - Employees NI - Employers NI
c. Gross Pay = Net wages + PAYE - Employees NI - Employers NI
d. Gross Pay = Net wages - PAYE + Employees NI - Employers NI

Answer 1

To calculate employees' gross wages given net wages, PAYE, Employees NI, and Employers NI, you need to add up all the individual components.

Step-by-step explanation:

To work out employees' gross wages given net wages, PAYE, Employees NI, and Employers NI, you need to add up all the individual components. The correct formula to use is:

Gross Pay = Net wages + PAYE + Employees NI + Employers NI

For example, if an employee's net wages are $1000, PAYE is $200, Employees NI is $50, and Employers NI is $100, the gross pay would be:

Gross Pay = $1000 + $200 + $50 + $100 = $1350