Please be aware of the following changes to PAYE and NIC which take effect from 6th April 2013. If you have any questions on any aspect of this or the Real Time Information (RTI) changes, please call our Payroll team who will be happy to advise on 0131 556 8595.
| PAYE | ||||
| Bandwidth | From | To | Rate (%) | |
| – | 0.01 | 9,440.00 | – | |
| 32,010.00 | 9,440.01 | 41,450.00 | 20.00 | |
| 150,000 | 41,450.01 | 150,000 | 40.00 | |
| Excess | 150,000 | Excess | 50.00 | |
| National Insurance Contributions | ||||
| Lower earnings limit, primary Class 1 | £109 | £107 | ||
| Upper earnings limit, primary Class 1 | £797 | £817 | ||
| Upper accrual point | £770 | £770 | ||
| Primary Threshold | £149 | £146 | ||
| Secondary Threshold | £148 | £144 | ||
| Employees’ primary Class 1 rate between primary threshold and upper earnings limit | 12% | 12% | ||
| Employees’ primary Class 1 rate above upper earnings limit | 2% | 2% | ||
| Employer’s Class 1 Rate | 13.80% | 13.80% | ||
Ricky worked as an Investigator in the Inland Revenue for over 20 years before founding Steedman & Company in 1987, giving him the experience and knowledge that’s enabled him to help so many clients over the years.
His appearance on a Channel 4 television programme about the inside workings of Revenue and Customs was watched by 4.1m, sealing his status as one of the most highly respected tax consultants working in Scotland today.
Ricky leads all tax investigation and COP 9 cases, using his extensive knowledge to help people reach a positive resolution to their situation.
His appearance on a Channel 4 television programme about the inside workings of Revenue and Customs was watched by 4.1m, sealing his status as one of the most highly respected tax consultants working in Scotland today.
Ricky leads all tax investigation and COP 9 cases, using his extensive knowledge to help people reach a positive resolution to their situation.
Latest posts by Ricky Steedman (see all)
- HMRC Investigate Fraudulent Job Retention Scheme Claims - June 17, 2020
- Worldwide Disclosure – HMRC and Living Overseas - May 21, 2019
- UK Tax Loan Scheme for Pilots Still Up in the Air - March 20, 2019
