The attached spreadsheet will help ensure that you properly calculate self-employment tax (SECA), mandatory pension contributions and Housing Equity Account (HEA) contributions. It will also provide all parties with a clear understanding of the complete economic compensation package, including taxable and non-taxable as well as cash and non-cash elements.
Technical questions about the spreadsheet should be directed to the diocesan CFO.
For support on the Letters of Agreement process and compensation requirements, please contact the Canon for Congregational Life.
IMPORTANT: Spreadsheet must be downloaded to work.
