Employer Bulletin No 40

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HMRC’s February 2012 Issue 40 is an excellent and comprehensive compilation of facts and information that we need to be aware of on a day-to-day basis.  This issue covers articles and tables on:

• Income tax rates and bands for 2012/13
• NICs rates and bands for 2012/13
• Student Loan amended threshold for 2012/13
• Statutory rates for 2012/13
• Allocating your payment to the correct PAYE reference
• The abolition of Contracting-Out on a DC basis
• Useful helpline and Orderline numbers as we approach the end of one tax year and the start of another

Comment

A must read for all payrollers – print now and reserve for a quieter period, hopefully later this month!

Further Information

• HMRC – Bulletin 40

Tags: contracting out, HMRC, income tax rates, NICs, PAYE, Statutory rates, Student Loans, tax bands

This entry was posted on Saturday, February 25th, 2012 at 12:01 and is filed under HMRC. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.