Income tax - paid 4 weekly - how is tax calculated when payslip covers March and April?

Tunstallstoven

Hi

I'm doing some calcs on my finances and am trying to work out my annual income and how much tax I pay.  I'm paid four weekly and as such when one tax year ends and another starts, my pay period falls onto both sides.  

In 2022/2023 - The payslip period was 13/03/23 - 09/04/23.  Paid on 18/04/23.
In 2023/2024 - The payslip period was 11/03/24 - 07/04/24.  Paid on 16/04/24.

Is some kind of calculation used to proportion the earnings over the two tax years?  

Or is solely based on the date the payment was made (not the dates worked), and therefore which tax year the payment date falls into.  

Apologies in advance if I'm overthinking it!  

Many thanks

MattMattMattUK

Tunstallstoven said:

Hi

I'm doing some calcs on my finances and am trying to work out my annual income and how much tax I pay.  I'm paid four weekly and as such when one tax year ends and another starts, my pay period falls onto both sides.  

In 2022/2023 - The payslip period was 13/03/23 - 09/04/23.  Paid on 18/04/23.
In 2023/2024 - The payslip period was 11/03/24 - 07/04/24.  Paid on 16/04/24.

Is some kind of calculation used to proportion the earnings over the two tax years?  

Or is solely based on the date the payment was made (not the dates worked), and therefore which tax year the payment date falls into.  

Apologies in advance if I'm overthinking it!  

Many thanks

It is based on the payroll date submitted by your employer when they run the pay run, that is usually the same date as you get paid, but it can vary. It will be stated on your payslips.

Dazed_and_C0nfused

You are overthinking it 🙃.

The date you are paid is what matters.  The payment on 18-04-2023 is part of your income for 2023-24.

The payment on 16-04-2024 is part of your income for 2024-25.

Tunstallstoven

Thank you both for clarifying, much appreciated.