New price for Timesaver:Calc for Tax:
We have reduced the price of new copies of Calc for Tax down to just £35.25. This is the same as the renewal price, saving new customer 50% on the original price.
New Payroll Tips Videos:
We have a new YouTube channel called Payroll Tips, we will upload videos related to payroll and our software, with tutorials and general tips and tricks.
What does my tax code mean? |
Income Tax changes 2012-13
Personal Allowance for people aged under 65 £8,105
Personal Allowance for people aged 65-74 £10,500
Personal Allowance or people aged 75 and over £10,660
Married Couple’s Allowance (born before 6 April 1935) aged 75 and over £7,705
These age related allowances are subject to an income limit which will increase to £25,400.
Minimum amount of Married Couple’s Allowance £2,960
Blind Person’s Allowance £2,100
The Income Tax rates and Income Tax bandwidths which will take effect from 6 April 2012 are:
Basic Rate 20% Bandwidth £1 to £34,370
Higher Rate 40% Bandwidth £34,371 to £150,000
Additional Rate 50% Bandwidth £150,001 and above
‘L’ suffix codes – increase by 63; code 747L becomes 810L
The PAYE threshold with effect from 6 April 2012 is raised to £156 per week (£675 per month)
The code for emergency use with effect from 6 April 2012 is 810L
Class 1 National Insurance contributions changes 2012-13
In the Autumn Statement on 29 November 2011 the Chancellor announced the following 2012-13 Class 1
National Insurance contributions limits:
Lower Earnings Limit £107 a week
Secondary Threshold £144 a week
Primary Threshold £146 a week
Upper Accruals Point £770 a week
From April 2012 the contracted-out rebates are confirmed as follows:
Contracted-out Salary Related Schemes (COSR), 3.4% for employers and 1.4% for
From the start of the 2012/13 tax year the National Insurance contribution (NICs) category letters F, G, H, K, V and S will be made obsolete.
Upper Earnings Limit £817 a week
New Videos
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How to print payslips to a PDF file. |
Free UK PAYE Payroll Calculator that prints Pay-slips
Print your own calculated Payslips online with WEBcalc 2010/11 - 2011/12
We have added printable payslips to WEBcalc. Now you can customize payslips with your company name and employee details. Try it out click here
