Difference between revisions of "Payroll tax code changes 2016-2017"
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== See also == | == See also == | ||
* [[Payroll end of year]] | * [[Payroll end of year]] | ||
| − | * [[How to amend your | + | * [[How to amend your payroll tax bands]] |
{{KB_Tags|tax code, tax, code, payroll, 2016-2017 end of year, 2015-2016 end of year, procedure, year end, end of year}} | {{KB_Tags|tax code, tax, code, payroll, 2016-2017 end of year, 2015-2016 end of year, procedure, year end, end of year}} | ||
{{Guide}}{{Hint}}{{KB_PR}}{{ZN_Admin}} | {{Guide}}{{Hint}}{{KB_PR}}{{ZN_Admin}} | ||
Latest revision as of 06:30, 9 November 2019
Contents
Historic Article
 |
This article has been replaced and is only included in the Knowledge Base for historic reference only. |
- For help on finding out how up to date your Platinum system is, please click here
- If you would like help on updating your current system to the latest version click here.
- If you have any questions on the new update please Contact your Platinum dealer or our support team on 0116 230 1500 or by using our website support contact page.
 | PLEASE NOTE: This article is intended as GUIDANCE ONLY. If you have any problems or questions with anything contained in this document, please consult HMRC or your accountant and advise us of any errors or omissions. |
Summary
As per this year's government guidelines on the HMRC website, all L tax codes have been raised by '40' as of 6th April 2016 (i.e. first payroll period of the new year).
 | An Employee with an existing tax code of '1060L' will now become '1100L'. |
For further more detailed information please refer to the HMRC website here.
More Information
Please note that the corresponding change in the tax threshold is handled by the programme update that you will have run to move from '2015-16' to '2016-17'.
Single Tax Code Changes
- To change a single employee's tax code, go to " Payroll Run Payroll Period".
- Select the correct pay period from the selection.
| 'Monthly' or 'Weekly'. |
- Move to the employee in question.
- Press <Shift+F10>.
- Press <Page-Down> to get to Page 2 and then amend the "Tax Code:" field accordingly. You will be asked to confirm the change.
- Press <Esc> and [Accept] to complete the change.
Global Tax Code Changes
| The following instructions should be done BEFORE entering any P9T details. For any employee where you have received and entered a P9T, their tax code MUST be checked and changed to match the form. |
- To change tax codes for all employees by a set amount, go to " Payroll Maintenance Options Payroll Settings Global Tax Code Changes".
- Select the suffix you wish to change.
| 'L'. |
- Then enter the amount you wish to raise it by in the "Allow." column.
- Press <F2> to view the proposed changes.
- All employees will be tagged as standard. This can be left as is or you can untag certain employees by pressing <U>.
| The ones with a P9T form |
- Press <F2> to finalise the changes and click the [Tagged] or [UnTagged] buttons or press [Cancel] to abort the changes.
See also
