E61 - Employee's NI Rebate (Payroll Report Generator variable)
From Catalyst
Syntax
E61{C/Y, A-Z/1-26, A/E}
Description
The employee Contracted Out NI Rebate amount. (On earnings between LEL and E.T.)
Parameters
- C/Y
- A text parameter that can be omitted (it defaults to "C").
- C
- Current (the value for this period).
- Y
- Year (the value for the payroll year including this period).
- A-Z/1-26
- A text or numeric parameter that can be omitted (it defaults to "A").
- A-Z
- The value at the given band.
- 1-26
- The value at the given in-use band. Eg. 2 would be the second NI band in use.
- A/E
- A text parameter that can be omitted (it defaults to "A").
- A
- All (The full rebate amount on earnings between LEL and E.T.)
- E
- Employee (The amount of the rebate actually due to the employee - if the calculated rebate is more than the original employee contributions payable then the rebate is limited to that amount with the remainder going to the employer)
Returns
A numeric value whose typical size is 4 digits plus 2 decimal places.
