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Tax Code Changes

Thu 03 May 2012 11:55 AM

Terri

Associate CB.Cert PM.Dip
Practice Licence

60 posts

I have received a copy of a clients (who is also a director) letter today from HMRC containing a change of tax code to 810L, which replaces 751T.

According to the client's P45 from November 2011, the tax code was K103, which is the tax code that I have used to produce payslips from February 2012.

How can I ensure that I have taxed the employee correctly?

Thank you

Terri

Thu 03 May 2012 01:36 PM

sarah

Fellow
Practice Licence

678 posts

Hi Terri

If you have already paid him using the K103 and have done the Year End for the Payroll. Do not change anything and summit the P35 based on the code you used and paid him. The HM Revenue will sort it out with an adjustment code,

Your software should notify you of any notices, most good ones do. But if not you should log on to Hm on a regular basis to check no notices have been sent.

______________________
Douglas Accountancy and Bookkeeping Services.

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