You will apply what you have learned in computing deductions in creating a payroll. Assume that you have a permanent job and your employer hired you in a higher position. Assumption: You are a government employee who receive ?28, 276.00 monthly from your employer with an allowance of ?2,000.00. Make your own payroll for January 2021 base from this assumption. Reminder. The data is important in referring to the contribution schedules and tax table when computing deductions.

PAYROLL PAYMENT SLIP EXPLANATION Pay Period : EARNINGS Basic Salary Allowance GROSS EARNINGS DEDUCTIONS GSIS Pag - 1BIG Phil Health Withholding Tax TOTAL DEDUCTIONS NET PAY