What does tax inclusive salary mean?
I've recently accepted a job and on the contract it clearly said the following; base compensation (annulised): $64,000 inclusive of superanuation contributions and tax. Now, few weeks in I've just received my first pay check which says my monthly income is merely $4,039 something which means I've been taxed over my gross income which is ＄5,333. So does this mean I've received the right pay or did they tax me over my income where they shouldn't have? Since after all it says inclusive of tax. I thought inclusive means included? Any clarification helps! Thanks.
I'm getting an hourly rate of $40/h in W2 all-inclusive, how much am I going to receive at the end?
You need to ask the agency as they CANNOT pay YOUR income taxes legally. They can run the numbers so that your net pay comes to $40/hr, but they CANNOT pay your taxes.....end of story.