Work payment changes

EnPointe

chrisbur said:

The P60 includes all paydays that fall in the period from 6 April one year to 5 April the following year inclusive.
Old payday 27th new payday 11th.
Th OP has advised....
"At this moment, our last pay is going to be on September 27th and the next time we will get paid is on 11th November"

The OPs paydays will be....
27/04
27/05
27/06
27/07
27/08
27/09

11/11
11/12
11/01
11/02
11/03

Total number of paydays 11
The employees will get the full months tax allowance as I said but the taxable pay for the year will be made up of these 11 payments.

<snip>

"your  earnings for the  tax  year will be 1950 * the pay  rate when you are paid weekly, fortnightly, lunar or calendar"
How does that account for when an employee has occasionally 53, 54 or 56 weeks in the tax year?   ...

what makes you think this has implications for the P60 or indeed the total amount of Tax and NI paid , unless in the case of NI we are talking aobut the edge cases previous discussed , i really do think you are tilting at windmills  with this angle 

chrisbur

EnPointe said:

chrisbur said:

The P60 includes all paydays that fall in the period from 6 April one year to 5 April the following year inclusive.
Old payday 27th new payday 11th.
Th OP has advised....
"At this moment, our last pay is going to be on September 27th and the next time we will get paid is on 11th November"

The OPs paydays will be....
27/04
27/05
27/06
27/07
27/08
27/09

11/11
11/12
11/01
11/02
11/03

Total number of paydays 11
The employees will get the full months tax allowance as I said but the taxable pay for the year will be made up of these 11 payments.

<snip>

"your  earnings for the  tax  year will be 1950 * the pay  rate when you are paid weekly, fortnightly, lunar or calendar"
How does that account for when an employee has occasionally 53, 54 or 56 weeks in the tax year?   ...

what makes you think this has implications for the P60 or indeed the total amount of Tax and NI paid , unless in the case of NI we are talking aobut the edge cases previous discussed , i really do think you are tilting at windmills  with this angle 

The P60 will be the total taxable pay for the 11 paydays, not the 12 paydays it would have been had the payday not been changed.
Tax and NI will be the total of that which was deducted from those 11 paydays.
If it's a windmill and it's wrong I tilt.

EnPointe

chrisbur said:

EnPointe said:

chrisbur said:

The P60 includes all paydays that fall in the period from 6 April one year to 5 April the following year inclusive.
Old payday 27th new payday 11th.
Th OP has advised....
"At this moment, our last pay is going to be on September 27th and the next time we will get paid is on 11th November"

The OPs paydays will be....
27/04
27/05
27/06
27/07
27/08
27/09

11/11
11/12
11/01
11/02
11/03

Total number of paydays 11
The employees will get the full months tax allowance as I said but the taxable pay for the year will be made up of these 11 payments.

<snip>

"your  earnings for the  tax  year will be 1950 * the pay  rate when you are paid weekly, fortnightly, lunar or calendar"
How does that account for when an employee has occasionally 53, 54 or 56 weeks in the tax year?   ...

what makes you think this has implications for the P60 or indeed the total amount of Tax and NI paid , unless in the case of NI we are talking aobut the edge cases previous discussed , i really do think you are tilting at windmills  with this angle 

The P60 will be the total taxable pay for the 11 paydays, not the 12 paydays it would have been had the payday not been changed.
Tax and NI will be the total of that which was deducted from those 11 paydays.
If it's a windmill and it's wrong I tilt.

which  in the vastest majority  of cases  will be exactly the same ... 

chrisbur

EnPointe said:

chrisbur said:

EnPointe said:

chrisbur said:

The P60 includes all paydays that fall in the period from 6 April one year to 5 April the following year inclusive.
Old payday 27th new payday 11th.
Th OP has advised....
"At this moment, our last pay is going to be on September 27th and the next time we will get paid is on 11th November"

The OPs paydays will be....
27/04
27/05
27/06
27/07
27/08
27/09

11/11
11/12
11/01
11/02
11/03

Total number of paydays 11
The employees will get the full months tax allowance as I said but the taxable pay for the year will be made up of these 11 payments.

<snip>

"your  earnings for the  tax  year will be 1950 * the pay  rate when you are paid weekly, fortnightly, lunar or calendar"
How does that account for when an employee has occasionally 53, 54 or 56 weeks in the tax year?   ...

what makes you think this has implications for the P60 or indeed the total amount of Tax and NI paid , unless in the case of NI we are talking aobut the edge cases previous discussed , i really do think you are tilting at windmills  with this angle 

The P60 will be the total taxable pay for the 11 paydays, not the 12 paydays it would have been had the payday not been changed.
Tax and NI will be the total of that which was deducted from those 11 paydays.
If it's a windmill and it's wrong I tilt.

which  in the vastest majority  of cases  will be exactly the same ... 

Can you explain how 11 paydays can be the same as 12 paydays.
Just to be clear I am not saying that this always happens; only that it will happen in this case.  The payday has been moved forward in this case so that tax month 7 which runs from 6/10 to 5/11 will be missed out.  That means the end of tax year taxable gross will have only 11 paydays in it.

EnPointe

chrisbur said:

EnPointe said:

chrisbur said:

EnPointe said:

chrisbur said:

The P60 includes all paydays that fall in the period from 6 April one year to 5 April the following year inclusive.
Old payday 27th new payday 11th.
Th OP has advised....
"At this moment, our last pay is going to be on September 27th and the next time we will get paid is on 11th November"

The OPs paydays will be....
27/04
27/05
27/06
27/07
27/08
27/09

11/11
11/12
11/01
11/02
11/03

Total number of paydays 11
The employees will get the full months tax allowance as I said but the taxable pay for the year will be made up of these 11 payments.

<snip>

"your  earnings for the  tax  year will be 1950 * the pay  rate when you are paid weekly, fortnightly, lunar or calendar"
How does that account for when an employee has occasionally 53, 54 or 56 weeks in the tax year?   ...

what makes you think this has implications for the P60 or indeed the total amount of Tax and NI paid , unless in the case of NI we are talking aobut the edge cases previous discussed , i really do think you are tilting at windmills  with this angle 

The P60 will be the total taxable pay for the 11 paydays, not the 12 paydays it would have been had the payday not been changed.
Tax and NI will be the total of that which was deducted from those 11 paydays.
If it's a windmill and it's wrong I tilt.

which  in the vastest majority  of cases  will be exactly the same ... 

Can you explain how 11 paydays can be the same as 12 paydays.
Just to be clear I am not saying that this always happens; only that it will happen in this case.  The payday has been moved forward in this case so that tax month 7 which runs from 6/10 to 5/11 will be missed out.  That means the end of tax year taxable gross will have only 11 paydays in it.

because Income Tax is calculated across the tax year 

it  doesn;t matter if you have 52/53 pay days ( weekly) , 26 pay days (fortnightly) , 13 pay days (lunar) , 12 pay days (calendar) or 11 pay days ...   the taxable icome is the same the  personal allowance is the same 

 there are issues  where NI might vary by a small amount  (  edge case with  very low paid, edge case  where  the 'long month'  means that someone tips over the UEL for that pay period ...  

P60 does not mention the number of pay days ... 

 

chrisbur

EnPointe said:

chrisbur said:

EnPointe said:

chrisbur said:

EnPointe said:

chrisbur said:

The P60 includes all paydays that fall in the period from 6 April one year to 5 April the following year inclusive.
Old payday 27th new payday 11th.
Th OP has advised....
"At this moment, our last pay is going to be on September 27th and the next time we will get paid is on 11th November"

The OPs paydays will be....
27/04
27/05
27/06
27/07
27/08
27/09

11/11
11/12
11/01
11/02
11/03

Total number of paydays 11
The employees will get the full months tax allowance as I said but the taxable pay for the year will be made up of these 11 payments.

<snip>

"your  earnings for the  tax  year will be 1950 * the pay  rate when you are paid weekly, fortnightly, lunar or calendar"
How does that account for when an employee has occasionally 53, 54 or 56 weeks in the tax year?   ...

what makes you think this has implications for the P60 or indeed the total amount of Tax and NI paid , unless in the case of NI we are talking aobut the edge cases previous discussed , i really do think you are tilting at windmills  with this angle 

The P60 will be the total taxable pay for the 11 paydays, not the 12 paydays it would have been had the payday not been changed.
Tax and NI will be the total of that which was deducted from those 11 paydays.
If it's a windmill and it's wrong I tilt.

which  in the vastest majority  of cases  will be exactly the same ... 

Can you explain how 11 paydays can be the same as 12 paydays.
Just to be clear I am not saying that this always happens; only that it will happen in this case.  The payday has been moved forward in this case so that tax month 7 which runs from 6/10 to 5/11 will be missed out.  That means the end of tax year taxable gross will have only 11 paydays in it.

because Income Tax is calculated across the tax year 

it  doesn;t matter if you have 52/53 pay days ( weekly) , 26 pay days (fortnightly) , 13 pay days (lunar) , 12 pay days (calendar) or 11 pay days ...   the taxable icome is the same the  personal allowance is the same ...  

P60 does not mention the number of pay days ... 

 

Tax is certainly calculated across the tax year.
It certainly does matter when you get 53 tax weeks ( or 54 in the case of fortnightly or 56 in the case of four weekly pay). The  PAYE system mostly does not take enough tax and those employees get a tax code adjustment for a following tax year to collect the extra tax.
P60 records the total taxable pay whatever the number of weeks or months.
Regarding the personal allowance I never said that was not the same, I pointed out that the tax deducted from month 8 would be lower due to that month having two monthly tax allowances.