Tax Tables for 2008/09 - Removal of the Starting Rate from 6 April 2008

View the next news item for PAYE Procedures
View the previous news item for PAYE Procedures

31 January 2008

New tax tables (Tables B to D) for use from the start of the 2008/09 tax year have been published and are available in the usual two formats, the manual method and the calculator method.

The Starting Rate of tax no longer applies for PAYE purposes from 6 April 2008 and this change has prompted some rearrangement of the guidance provided in the Tables. However, the 2007/08 higher rate tax threshold (£34,600) has not yet changed. An increase in this threshold to £36,000 is expected in the 2008 Budget and a further issue of Tax Tables will be necessary when it comes into effect, likely from paydays falling on or after 18 April 2008.

...UK Payroll News - Latest

Further information:
Taxable Pay Tables - Manual Method
Taxable Pay Tables - Calculator Method


The UK Payroll News is sponsored by HRD & Payroll Solutions

Discuss this news item in the PayPerShop Forum


TopCategories Index News Category Index Send E-mail Home Page
























Payroll & Human Resources - PayPerShop Logo For Payroll and Human Resource Professionals

UK Payroll & HR US Tax Resources Worldwide Payroll & HR
Google
Home Contact

Copyright © 2006 PayPerShop Ltd - Payroll, Human Resources (HR) & Payroll Taxes


Popular UK Pages:
UK Payroll News Categories | Payroll & HR Events - Photos | Payroll | UK Payroll Software A-Z | Payroll Software Downloads | Payroll Question | Payroll Search / Swicki | Deductions From Wages | UK Holiday Pay | National Insurance Numbers | Tax Codes | Employed or Self-Employed | Data Protection | Identity Fraud | BACS Payment - BACSTEL-IP

Popular US Pages:
US Payroll Software A-Z | Income Tax Withholding | Prevailing Wages and Hours | US Minimum Wage | US Workers' Compensation | US Labor Standards | US Unemployment Insurance | US State Holidays / Legal Holidays