Annual payroll definition

Annual payroll means the total amount of wages subject to contributions during a twelve-month period ending with the last day of the second calendar quarter of any calendar year.
Annual payroll means the total amount of wages paid by an employer, regardless of the time of payment, for employment during a calendar year.
Annual payroll means the total amount of wages paid by an employer, regardless of the time of

Examples of Annual payroll in a sentence

  • Annual payroll: $120,000 Average monthly payroll: $10,000 Multiply by 2.5 = $25,000Add EIDL loan of $10,000 = $35,000 Maximum loan amount is $35,000iv.

  • Example 1 – No employees make more than $100,000 Annual payroll: $120,000‌Average monthly payroll: $10,000 Multiply by 2.5 = $25,000 Maximum loan amount is $25,000‌‌ii.

  • Example 2 – Some employees make more than $100,000 Annual payroll: $1,500,000‌Subtract compensation amounts in excess of an annual salary of $100,000: $1,200,000 Average monthly qualifying payroll: $100,000 Multiply by 2.5 = $250,000‌Maximim loan amount is $250,000 iii.

  • Annual payroll is calculated over the 12-month period preceding March 31st each year.

  • Annual payroll" means the total amount of wages paid by an employer during a calendar year, not meaning, however, to include that part of individual wages or salaries in excess of $12,000.[PL 2017, c.


More Definitions of Annual payroll

Annual payroll means the total amount of wages for
Annual payroll means the total taxable amount of remuneration from an employer for employment during a twelve-month period ending on a computation date;
Annual payroll means the total amount of remuneration from an employer for employment during a twelve-month period ending on a computation date, and "average payroll" means the average of the last three annual payrolls;
Annual payroll means the total amount of taxable wages for employment paid by an employer during a twelve-month period ending on September thirtieth of any calendar year.
Annual payroll means the total amount of wages paid during a calendar year (regardless of when earned) by an employer for employment.
Annual payroll means the total amount of wages subject to the contribution provisions of Chapters 27 through 41 of this Title which are paid by an employer during a period of twelve consecutive months.
Annual payroll means the total amount of wages paid or payable by an employer during the calendar year.