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Listen to the Taxman
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The tapering away of the personal allowance is going to be achieved through the code number. There is very little chance that this will turn out to have been correct at the end of the tax year and will have to be sorted out through the tax return.The only thing that is constant is change.0
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zygurat789 wrote: »The tapering away of the personal allowance is going to be achieved through the code number. There is very little chance that this will turn out to have been correct at the end of the tax year and will have to be sorted out through the tax return.
It's being done via the Tax Tables. HMRC aren't daft when it comes to collecting tax
Warning ..... I'm a peri-menopausal axe-wielding maniac0 -
Yes it does.
Those defined benefit schemes are not non-contributory. That went out years ago.
Quite a few of them were non contributory on the part of the employer when stock markets were booming in the last century.
Funny thing they are in deficit and might go bust now.
Bit like the country as a whole come to think of it.0 -
Debt_Free_Chick wrote: »It's being done via the Tax Tables. HMRC aren't daft when it comes to collecting tax
Not according to the wages programsThe only thing that is constant is change.0 -
zygurat789 wrote: »Not according to the wages programs
The software should be using HMRC's tax tables. It would have to be a poor product if the new tax year software update failed to incorporate the tax tables.
An employer who fails to correctly calculate and PAYE is going to get in to hot water with HMRC.Warning ..... I'm a peri-menopausal axe-wielding maniac0 -
Debt_Free_Chick wrote: »The software should be using HMRC's tax tables. It would have to be a poor product if the new tax year software update failed to incorporate the tax tables.
An employer who fails to correctly calculate and PAYE is going to get in to hot water with HMRC.
HMRC CD rom 2010/11 agrees with wages programs. It is done the same way as the reduction of age allowance through the tax code.The only thing that is constant is change.0 -
Interesting .... as the paper guide does it through the tax tables :think:Warning ..... I'm a peri-menopausal axe-wielding maniac0
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Debt_Free_Chick wrote: »Interesting .... as the paper guide does it through the tax tables :think:
Is that HMRC paper or paper as in Daily .....?The only thing that is constant is change.0
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