Guide To Keying Employed Income
Use this calculator to work out how much income to key into Halifax Intermediaries Online. Using the calculator will help ensure that the income is verified first time and will reduce unnecessary delays.
Instructions:
- This calculator will show, for the different income types on an applicant's payslips, what income figures you should key and how many payslips you need to provide to verify the income. This is applicable for the majority of income types.
- Expand the fields provided to enter the gross amount of the acceptable income types taken from the latest payslips.
- This is not an affordability calculator and will not display a maximum loan available.
- This calculator should be used for one applicant and one job at a time. If an applicant has multiple jobs, key this into a separate copy of the calculator.
- For each income type, the total annual income that needs to be keyed into Intermediaries Online will be displayed in the 'Annual figure’ box.
- The types of income and percentages used in the affordability calculation, will be determined by our normal lending rules.
- You have the option to print the results and can also submit a copy with the income documentation.
Customer Details
Income Type
-
Enter the amount of basic income received from the customer's latest 4 weekly payslips.
££££Annual figure:
##basicwpayslipoutput##
Enter the amount of basic gross income received in the last year, i.e. from each of the customer's last 52 payslips. If the customer is in receipt of other income from this employment, key this in the Other Income section.
££££££££££££££££££££££££££££££££££££££££££££££££££££Annual figure:
##zhbasicwpayslipoutput##
-
Enter any gross income received from weekly overtime, from the customer's last three consecutive payslips. Ensure that '0' is entered for weeks when the customer didn't receive weekly overtime.
For example if the customer's latest payslip is dated Monday 01/08/22, enter the amounts from payslips dated 01/08/22 (latest payslip), 25/07/22 (latest -1), 18/07/22 (latest -2), 11/07/22 (latest -3), 04/07/22 (latest -4), 27/06/22 (latest -5), 20/06/22 (latest-6), 13/06/21 (latest -7), 06/06/22 (latest -8), 30/05/22 (latest -9), 23/05/22 (latest -10) and 16/05/22 (latest -11).
££££££££££££Annual figure:
##wovertimepayslipoutput##
-
Enter the weekly bonus received in the customer's last three consecutive payslips. Ensure that '0' is entered for any week where the customer didn't receive a weekly bonus. Please refer to the section of this calculator for quarterly, half yearly or yearly bonuses.
££££££££££££Annual figure:
##wbonuspayslipoutput##
-
Enter the amount of gross weekly commission received in the customer's last three consecutive payslips. If the customer didn't receive any commission in a week, ensure that '0' is entered for that week.
££££££££££££Annual figure:
##wcommpayslipoutput##
-
Town/Area/Car Allowance
For Town, Area and Car Allowance, we only require evidence from the latest 4 weekly payslips. Enter the amount of gross income received from the customer's latest 4 weekly payslips.
££££Annual figure:
##wotherpayslipoutput##
For Additional Duty Hours, Colleague Flexible Benefit, Flight Pay/Allowance, Mortgage Subsidy, Nursing Bank (as other income) and Shift Allowance, we require the latest twelve weekly payslips. Enter the amount of income received in each field as evidenced by the customer's latest twelve payslips.
Other Income A
££££££££££££Annual figure:
##wothincpayslip5aoutput##
Key the total monthly 'other' income received from the zero hours contract (excluding bonus) in the fields below.
££££££££££££££££££££££££££££££££££££££££££££££££££££Annual figure:
##zhwothincpayslipoutput##
Other Income B
££££££££££££Annual figure:
##wothincpayslip5boutput##
Other Income C
££££££££££££Annual figure:
##wothincpayslip5coutput##
Other Income D
££££££££££££Annual figure:
##wothincpayslip5doutput##
Other Income E
££££££££££££Annual figure:
##wothincpayslip5eoutput##
-
The last 2 years of evidence must be provided for quarterly, half yearly and yearly bonuses.
For example, if the customer receives a half yearly bonus, enter the latest half yearly bonus received into the 'Latest Half Year' field, for example the amount received in Dec 2021. You must then enter the amount of half yearly bonus received six months prior to the latest, e.g. the amount received in June 2021, in the 'Latest Half Year -1' field, plus the prior years two half yearly boneses into the 'Previous Half Year' and 'Previous Half Year -1' fields.
Please refer to the section of this calculator for bonuses received weekly / fortnightly / four weekly or monthly, as applicable.
££Annual figure:
##wbonusannualpayslipdecider##
££££Annual figure:
##wbonushalfyrpayslipdecider##
££££££££Annual figure:
##wbonusquartpayslipdecider##
-
Enter the amount of basic gross income received from the customer's latest payslip.
£Annual figure:
##basicmpayslipoutput##
Enter the amount of basic gross income received in the last year, i.e. from each of the customer's last 12 payslips. If the customer is in receipt of other income from this employment, key this in the Other Income section.
££££££££££££Annual figure:
##zhbasicmpayslipoutput##
-
Enter any gross income received from monthly overtime, from the customer's last three consecutive payslips. Ensure that '0' is entered for pay periods when the customer didn't receive monthly overtime.
For example if the customer's latest payslip is dated Monday 01/08/22, enter the amounts from payslips dated 01/08/22 (latest payslip), 25/07/22 (latest -1), 18/07/22 (latest -2).
£££Annual figure:
##movertimepayslipoutput##
-
Enter any monthly bonuses received in the customer's last three consecutive payslips. Ensure that '0' is entered for any pay period where the customer didn't receive a monthly bonus. Please refer to the section of this calculator for quarterly, half yearly or yearly bonuses.
£££Annual figure:
##mbonuspayslipoutput##
-
Enter the amount of gross monthly commission received in the customer's last three consecutive payslips. If the customer didn't receive any commission in a month, ensure that '0' is entered.
£££Annual figure:
##mcommpayslipoutput##
-
Town/Area/Car Allowance
For Town, Area and Car Allowance, we only require evidence from the latest payslip. Enter the amount of gross income received from the customer's latest payslip.
£Annual figure:
##motherpayslipoutput##
For Additional Duty Hours, Colleague Flexible Benefit, Flight Pay/Allowance, Mortgage Subsidy, Nursing Bank (as other income) and Shift Allowance, we require the latest 3 payslips. Enter the amount of income received in each field as evidenced by the customer's latest 3 payslips.
Other Income A
£££Annual figure:
##mothincpayslip5aoutput##
Key the total monthly 'other' income received from the zero hours contract (excluding bonus) in the fields below.
££££££££££££Annual figure:
##mzhothincpayslipoutput##
Other Income B
£££Annual figure:
##mothincpayslip5boutput##
Other Income C
£££Annual figure:
##mothincpayslip5coutput##
Other Income D
£££Annual figure:
##mothincpayslip5doutput##
Other Income E
£££Annual figure:
##mothincpayslip5eoutput##
-
The last 2 years of evidence must be provided for quarterly, half yearly and yearly bonuses.
For example, if the customer receives a half yearly bonus, enter the latest half yearly bonus received into the 'Latest Half Year' field, for example the amount received in Dec 2021. You must then enter the amount of half yearly bonus received six months prior to the latest, e.g. the amount received in June 2021, in the 'Latest Half Year -1' field, plus the prior years two half yearly bonuses into the 'Previous Half Year' and 'Previous Half Year -1' fields.
Please refer to the section of this calculator for bonuses received weekly / fortnightly / four weekly or monthly, as applicable.
££Annual figure:
##mbonusannualpayslipdecider##
££££Annual figure:
##mbonushalfyrpayslipdecider##
££££££££Annual figure:
##mbonusquartpayslipdecider##
-
Enter the amount of basic gross income received from the customer's latest payslip.
£Annual figure:
##basic4wpayslipoutput##
Enter the amount of gross income received in the last year, i.e. from each of the customer's last 13 payslips. If the customer is in receipt of other income from this employment, key this in the Other Income section.
£££££££££££££Annual figure:
##zhbasic4wpayslipoutput##
-
Enter any gross income received from four weekly overtime, from the customer's last three consecutive payslips. Ensure that '0' is entered for pay periods when the customer didn't receive four weekly overtime.
For example if the customer's latest payslip is dated Monday 01/08/22, enter the amounts from payslips dated 01/08/22 (latest payslip), 25/07/22 (latest -1), 18/07/22 (latest -2).
£££Annual figure:
##4wovertimepayslipoutput##
-
Enter any four weekly bonuses received in the customer's last three consecutive payslips. Ensure that '0' is entered for any pay period where the customer didn't receive a four-weekly bonus. Please refer to the section of this calculator for quarterly, half yearly or yearly bonuses.
£££Annual figure:
##4wbonuspayslipoutput##
-
Enter the amount of gross four weekly commission received in the customer's last three consecutive payslips. If the customer didn't receive any commission in one of these pay periods, ensure that '0' is entered.
£££Annual figure:
##4wcommpayslipoutput##
-
Town/Area/Car Allowance
For Town, Area and Car Allowance, we only require evidence from the latest payslip. Enter the amount of gross income received from the customer's latest payslip.
£Annual figure:
##fwotherpayslipoutput##
For Additional Duty Hours, Colleague Flexible Benefit, Flight Pay/Allowance, Mortgage Subsidy, Nursing Bank (as other income) and Shift Allowance, we require the latest 3 payslips. Enter the amount of income received in each field as evidenced by the customer's latest 3 payslips.
Other Income A
£££Annual figure:
##fwothincpayslip5aoutput##
Key the total monthly 'other' income received from the zero hours contract (excluding bonus) in the fields below.
£££££££££££££Annual figure:
##fwzhothincpayslipoutput##
Other Income B
£££Annual figure:
##fwothincpayslip5boutput##
Other Income C
£££Annual figure:
##fwothincpayslip5coutput##
Other Income D
£££Annual figure:
##fwothincpayslip5doutput##
Other Income E
£££Annual figure:
##fwothincpayslip5eoutput##
-
The last 12 months of evidence must be provided for quarterly, half yearly and yearly bonuses.
For example, if the customer receives a half yearly bonus, enter the gross last half yearly bonus received into the Latest Half Year field, for example the amount received in Dec 2015. You must then enter the gross amount of half yearly bonus received six months prior to the latest, e.g. the amount received in June 2015, in the Latest Half year -1 field.
Please refer to the section of this calculator for bonuses received weekly / fortnightly / four weekly or monthly, as applicable.
££Annual figure:
##fwbonusannualpayslipdecider##
££££Annual figure:
##fwbonushalfyrpayslipdecider##
££££££££Annual figure:
##fwbonusquartpayslipdecider##
-
Enter the amount of basic income received from the customer's latest two consecutive fortnightly payslips.
££Annual figure:
##ftbasicpayslipoutput##
Enter the amount of gross income received in the last year, i.e. from each of the customer's last 26 payslips. If the customer is in receipt of other income from this employment, key this in the Other Income section.
££££££££££££££££££££££££££Annual figure:
##ftzhbasicpayslipoutput##
-
Enter any income received from fortnightly overtime, from the customer's last six consecutive fortnightly payslips. Ensure that '0' is entered for pay periods when the customer didn't receive fortnightly overtime.
For example if the customer's latest payslip is dated Monday 01/08/22, enter the amounts from payslips dated 01/08/22 (latest payslip), 25/07/22 (latest -1), 18/07/22 (latest -2), 11/07/22 (latest -3), 04/07/22 (latest -4) and 27/06/22 (latest -5).
££££££Annual figure:
##ftovertimepayslipoutput##
-
Enter any fortnightly bonuses received in the customer's last six consecutive fortnighly payslips. Ensure that '0' is entered for any pay period where the customer didn't receive a fortnightly bonus. Please refer to the section of this calculator for quarterly, half yearly or yearly bonuses.
££££££Annual figure:
##ftbonuspayslipoutput##
-
Enter the amount of gross fortnightly commission received in the customer's last six consecutive fortnightly payslips. If the customer didn't receive any commission in one of these pay periods, ensure that '0' is entered.
££££££Annual figure:
##ftcommpayslipoutput##
-
Town/Area/Car Allowance
For Town, Area and Car Allowance, we only require evidence from the latest two consecutive fortnightly payslips. Enter the amount of gross income received from the customer's latest two consecutive fortnightly payslips.
££Annual figure:
##ftotherpayslipoutput##
For Additional Duty Hours, Colleague Flexible Benefit, Flight Pay/Allowance, Mortgage Subsidy, Nursing Bank (as other income) and Shift Allowance, we require the latest six consecutive fortnightly payslips. Enter the amount of income received in each field as evidenced by the customer's latest six payslips.
Other Income A
££££££Annual figure:
##ftothincpayslip5aoutput##
Key the total monthly 'other' income received from the zero hours contract (excluding bonus) in the fields below.
££££££££££££££££££££££££££Annual figure:
##ftzhothincpayslipoutput##
Other Income B
££££££Annual figure:
##ftothincpayslip5boutput##
Other Income C
££££££Annual figure:
##ftothincpayslip5coutput##
Other Income D
££££££Annual figure:
##ftothincpayslip5doutput##
Other Income E
££££££Annual figure:
##ftothincpayslip5eoutput##
-
The last 2 years of evidence must be provided for quarterly, half yearly and yearly bonuses.
For example, if the customer receives a half yearly bonus, enter the latest half yearly bonus received into the 'Latest Half Year' field, for example the amount received in Dec 2021. You must then enter the amount of half yearly bonus received six months prior to the latest, e.g. the amount received in June 2021, in the 'Latest Half Year -1' field, plus the prior years two half yearly boneses into the 'Previous Half Year' and 'Previous Half Year -1' fields.
Please refer to the section of this calculator for bonuses received weekly / fortnightly / four weekly or monthly, as applicable.
££Annual figure:
##ftbonusannualpayslipdecider##
££££Annual figure:
##ftbonushalfyrpayslipdecider##
££££££££Annual figure:
##ftbonusquartpayslipdecider##
-
Enter the amount of basic gross income received from the customer's latest 12 payslips and payments showing on latest 3 months' corresponding bank statements. Any payments that cannot be verified on both payslip and bank statements will not be used in the affordability calculation.
Payslips
££££££££££££Bank Statements
££££££££££££Annual figure:
##verciswoutput##
-
Enter the amount of basic gross income received from the customer's latest 3 payslips and 3 months' bank statements. Any payments that cannot be verified on both payslip and bank statements will not be used in the affordability calculation.
Payslips
£££Bank Statements
£££Annual figure:
##vercismoutput##
-
Enter the amount of basic income received from the customer's latest 3 payslips and 3 months' bank statements. Any payments that cannot be verified on both payslip and bank statements will not be used in the affordability calculation.
Payslips
£££Bank Statements
£££Annual figure:
##vercis4woutput##
-
Enter the amount of basic income received from the customer's latest 6 payslips and payments showing on latest 3 months' bank statements. Any payments that cannot be verified on both payslip and bank statements will not be used in the affordability calculation.
Payslips
££££££Bank Statements
££££££Annual figure:
##ftvercisoutput##