Table of Contents

Class QualifyingEarningsContributionsCalculator

Namespace
Payetools.Pensions
Assembly
Payetools.Pensions.dll

Represents a pension contribution calculator for Qualifying Earnings.

public class QualifyingEarningsContributionsCalculator : PensionContributionCalculator, IPensionContributionCalculator
Inheritance
QualifyingEarningsContributionsCalculator
Implements
Inherited Members

Constructors

QualifyingEarningsContributionsCalculator(PensionTaxTreatment, decimal, decimal, decimal?)

Initialises a new instance of QualifyingEarningsContributionsCalculator with the specified tax treatment, using the lower and upper thresholds supplied.

public QualifyingEarningsContributionsCalculator(PensionTaxTreatment taxTreatment, decimal lowerLevelForQualifyingEarnings, decimal upperLevelForQualifyingEarnings, decimal? basicRateOfTax = null)

Parameters

taxTreatment PensionTaxTreatment

Tax treatment for the target pension, i.e., net pay arrangement vs relief at source.

lowerLevelForQualifyingEarnings decimal

HMRC/TPR-supplied lower level for qualifying earnings.

upperLevelForQualifyingEarnings decimal

HMRC/TPR-supplied upper level for qualifying earnings.

basicRateOfTax decimal?

Basic rate of tax to use for relief at source pensions.

Properties

EarningsBasis

Gets the earnings basis for this calculator. Always returns QualifyingEarnings.

public override PensionsEarningsBasis EarningsBasis { get; }

Property Value

PensionsEarningsBasis

Methods

CalculateContributions(decimal, decimal, decimal, bool, decimal?)

Abstract method signature for calculating pension contributions based on the supplied inputs.

protected override (decimal earningsForPensionCalculation, decimal employerContribution, decimal employeeContribution) CalculateContributions(decimal pensionableSalary, decimal employerContributionPercentage, decimal employeeContribution, bool employeeContributionIsFixedAmount = false, decimal? salaryForMaternityPurposes = null)

Parameters

pensionableSalary decimal

Pensionable salary to be used for calculation.

employerContributionPercentage decimal

Employer contribution level, expressed in percentage points (i.e., 3% = 3.0m).

employeeContribution decimal

Employee contribution level, either expressed in percentage points (i.e., 5% = 5.0m) or as a fixed amount (i.e. £500.00), as indicated by the following parameter.

employeeContributionIsFixedAmount bool

True if the previous parameter should be treated as a fixed amount; false if it should be treated as a percentage.

salaryForMaternityPurposes decimal?

Used to override the employer contribution when an individual is on maternity leave and should be paid employer contributions based on their contracted salary rather than their pensionable pay.

Returns

(decimal earningsForPensionCalculation, decimal employerContribution, decimal employeeContribution)

A tuple containing the earnings used for the calculation (employee only if maternity override applies), and the employer and employee contribution levels.

GetEarningsForPensionCalculation(decimal)

Gets the earnings to be used for the pensionable salary calculation. For Pensionable Pay Set X, this is the same as the earnings; for QualifyingEarnings, this is the banded amount.

protected override decimal GetEarningsForPensionCalculation(decimal pensionableSalary)

Parameters

pensionableSalary decimal

Original pensionable salary.

Returns

decimal

Earnings to be used for the pensionable salary calculation.

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