# Levy Department Calculations

###### Weekly Calculations

Weekly Gross Income minus Weekly Exemption multiplied by 2.5%.
E.g. Employee makes \$250.00 per week for 4 weeks.

1. \$250.00-\$125.00=\$125
2. \$125* 2.5%=\$3.13
3. 3.13* 4=\$12.52
###### Weekly Calculation over \$1154.00 for 1 Week

Any amount over the \$1,154.00 or any one (1) week is taxed straight by 5%, and the amount is added to the 2.5% (\$25.73) portion to give you the amount that should be deducted for the levy for that particular week.

E.g.  Employee makes \$1,200 per week for 3 weeks

1. First you find 2.5% portion- \$1,154-\$125=\$\$1029*2.5%=\$25.73 and
2. Second you find 5% portion- \$1,200-\$1,154=\$46*5%=\$2.30 and
3. Third you combined both totals- \$25.73+\$2.30=\$28.03 (levy deduction for 1 week) and
4. Fourth you multiply by the # of weeks worked- \$28.03*3=\$84.09.
###### Bi-Weekly Calculations

Weekly Gross Income minus Weekly Exemption multiply by 2 and then multiply by 2.5%.

E.g. Employee makes \$600 every two weeks for 4 weeks.

1. \$600.00 -\$250.00=\$350.00
2. \$350 * 2.5%=\$8.75
3. \$8.75 * 2=\$17.50
###### Monthly Calculation

Monthly Gross Income minus Monthly Exemption multiply by 2.5%

E.g. Employee makes \$1000 per month
\$1,000.00 – \$541.67=\$458.33 * 2.5%=\$11.46

###### Bi-Monthly Calculation

Bi-monthly is basically being paid ½ way in the month- Monthly exemption of \$541.67 divided by 2 (\$270.84).

E.g. Employee makes \$500 every two (2) weeks for one month of 4 weeks.
\$500.00-\$270.84=\$229.16*2.5%=\$5.73*2=\$11.46.

###### Monthly Calculation over \$5,000 for the month

Any amount over the \$5000 amount is taxed straight by 5%, and then the amount is added to the 2.5% (\$111.46) portion to give you the amount that should be deducted for the levy for that particular month.

E.g. Employee makes \$5,400 per month

1. First you find 2.5% portion- \$5,000-\$541.67=\$4,458.33*2.5%=\$111.46 and
2. Second you find 5% portion- \$5,400-\$5,000=\$400*5%=\$20.00 and
3. Third you combine both totals- \$111.46+\$20.00=\$131.46 monthly deduction.
###### Bi-Monthly Calculation over \$2,500

Bi-monthly over \$2,500 follows the same steps as monthly over \$5,000 cause the \$2,500 is half of \$5,000.

E.g. Employee makes \$3,000 on the 15th December his last working day after termination.

1. First you find 2.5% portion- \$2,500-\$270.84=\$2229.16*2.5%=\$55.73 and
2. Second you find 5% portion- \$3,000-\$2,500=\$500*5%=\$25.00 and
3. Third you combined both totals- \$55.73+\$25.00=\$80.73 bi-monthly deduction.
###### Days Calculation

The weekly exemption of \$125 is divided by 5 (# of working days in a week) days in a week to get the exemption for a day (\$125/5=\$25.00).

E.g. Employee makes \$60 a day for three (3) days in one week

\$60.00 -\$25.00=\$35.00*2.5%=\$0.88*3=\$2.63 deduction for 3 days

###### Days Calculation over \$230.80

The weekly exemption of \$1154.00 is divided by 5 (# of working days in a week) days in a week to get the exemption for a day over \$230.80 (\$1154.00/5=\$230.80).

E.g. Employee makes \$300.00 a day for three (3) days in one week.

1. First you find the 2.5% portion: \$230.80-\$25.00*2.5%=\$5.15
2. Secondly you find the 5% portion: \$300.00-\$230.80=\$69.20*5%=\$3.46.
3. Then you combine both totals: \$5.15+\$3.46=\$8.61*3=\$25.83.