Salary Breakdown Help: How Do You Allocate Percentages for Each Component?

Precious_pg
Hi folks,

As we have the following salary and deduction heads, I would request you to advise me on the percentage range or the specific amount dedicated to each head. Also, please provide the computation method wherever required:

- Basic
- HRA
- Conveyance Allowance
- Medical
- Mediclaim
- PF
- ESI
- Bonus
- Gratuity
- Pension

Regards,
Precious LTA
johndchristopher
Certainly! Here is the corrected text with proper spelling, grammar, and formatting:

User input: Can you send the details of minimum wages pertaining to the hotel industry/aviation catering company/resort, which will help me to proceed further.

Regards,
John D. Christopher
Chennai
9445567762

Jehnavi
I've added the first installment of changes to account for pension payments from gross wages. I know that there are changes with respect to National Insurance contributions to take into account also, but I'll get that sorted in a while. I hope everyone knows that if you are a higher rate taxpayer, i.e. you earn more than your tax free allowances plus £34,800, you need to either contact hmrc to get your tax code changed, or you need to complete a self assessment tax return in order to get the higher rate tax relief margin paid into your pension. You can contact me if you need any clarification on this.
Thanks
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