Most Popuilar Pay As You Earn Answers

Employers and particularly new employers ask aafter deductions and the perceived gross pay
variety of questions in administering the PAYEthereby enhanced.
scheme. The top questions and answers includeAs the income tax and national insurance
tax codes, week 1 basis, employee or selfcontributions may not be practically recoverable
employment status, national insurance, statutoryfrom the employee and the calculation would be
sick pay and what happens when an employeeapplied retrospectively to previous years
does not provide a P45 from previousemployment the cost to an employer can be
employment.considerable.
Employers and especially new employers whoWhen should national insurance deductions be
may not be experienced with operating a payrollmade from an employee?
system enter a business area with tax rules andNational insurance must be deducted from all
procedures with which they may not be familiar.employees who are over the age of 16 and
The most common questions asked byunder the state retirement pension age of 60 for
employers who are operating or about to operatea woman and 65 for a man. Equality of
a PAYE scheme are hereemployment does not apply to government
What is an income tax code?legislation on equality of employment between
An income tax code is a reference number whichmen and women where national insurance
may also include letters or be entirely letterscontributions and pension payments are
which determines the amount of gross pay whichconcerned.
is free of income tax deductions and may alsoIn addition national insurance should only be
determine the way in which income tax should bededucted from an employee wage or salary if
deducted. If the tax code contains a number thisthat income is at or above the national insurance
number represents the amount of tax freeearnings threshold. The earning threshold usually
income an employee can earn in a financial year,changes each year and should be checked in case
for example 522L means an employee has a taxof doubt with the current tax thresholds
free personal allowance of 5,225 pounds. A taxapplicable.
code of BR means all the employee gross payWhat is the procedure when a new employee
should be taxed within the PAYE scheme at thedoes not have a P45?
basic rate of income tax.Ocassionally a new employee does not have a
What does week 1 of month 1basis mean?P45 containing details of previous gross pay and
Week 1 and Month 1 basis is an instruction to theincome tax deducted in the financial year and the
employer operating a PAYE scheme to notnew employer still has a responsibility to deduct
calculate the income tax on a cumulative basistax and national insurance contributions from that
which is the normal basis but instead theemployee and also advise the inland revenue of
employer has to calculate the income tax to bethe employee tax status. A P46 must be
deducted on a non cumulative basis. A noncompleted and forwarded to HMRC in cases
cumulative basis is the total gross pay for thatwhere a new employee does not have a P45.
week or month excluding any previous pay inFollowing receipt of the P46 the Inland Revenue
earlier pay periods regardless of whether thatwill notify the employer of the income tax
previous gross pay was paid by the current or adeductions to be made.
previous employer.In the period from when the employee
Because the income tax is deducted on the grosscommences employment and notification of the
pay in a specific pay period an employee on aemployee tax status is received the employer
week 1 or month 1 basis does not receive anshould adopt a week 1 or month 1 status for that
income tax refund in respect of previous taxemployee and also use an emergency tax code.
deductions. Normally an employee is placed on aThe emergency tax code would be the standard
week 1 or month 1 basis when the taxpersonal allowance for that tax year.
deductions history for the current financial yearIs a medical certificate required before statutory
are incomplete and the week 1 month 1 basis issick pay payments are made?
removed when the missing history is determinedIt is advisable for an employer to obtain from an
Do I deduct income tax and national insurance if aemployee written documentation of sickness. This
new starter says they are self employed?documentation can be in the form of self
The decision as to whether a worker is ancertification which should be filed as part of the
employee or self employed rests with thePAYE administration. If an employee satisfies all
employer responsible for the PAYE administration.the conditions to receive statutory sick pay and
If that worker is determined to be an employeethere is no reason for the employer to doubt the
then income tax and national insurance deductionsclaim then strictly speaking statutory sick pay can
must be deducted from payments made to thatbe paid without medical evidence.
employee.How as an employer do I fund working tax
Tax and national insurance are not deducted fromcredits?
workers designated as self employed. But it is notWorking tax credits an employer may pay to an
as simple as that and any employer who hasemployee is deducted from the PAYE and other
doubts should clarify the position with the localdeductions that employer has made and is
Inland Revenue helpline. Making the wrong decisionpayable to the Inland Revenue. Eligible deductions
can be expensive as strict rules are enforced.include deductions from employees in respect of
Several conditions are applied to determine if aincome tax, national insurance, student loans and
worker is an employee or self employed andCIS deductions and employer national insurance
several years after that worker joined thecontributions. If the deductions are insufficient to
business that can result in serious potential taxcover the tot6al working tax credit to be paid to
liabilities in the future. The inland revenue treat thean employee the employer can apply to the
employee status very seriously and have aInland Revenue who will fund the shortfall.
number of parameters which they invoke inWhy the employer is charged penalty fines when
doubtful circumstances to determine the status ofthe accountant submits the tax returns?
the worker as an employee rather than selfPenalty fines are chargeable to the employer
employed.responsible for submission of the annual PAYE tax
When the status of a worker is determined byreturns. The responsibility for submitting the tax
the tax authority to be employee and not selfreturns on time to avoid penalties may be
employed the employer will incur a liability fordelegated by the employer to the accountant.
income tax and national insurance that shouldArrangements between an accountant or
have been deducted from the employee and alsobookeeper to submit tax returns online does not
a liability for employers national insuranceremove the employers responsibility who would
contributions. The liability being increased as thebe liable to a penalty fine by the tax authority if
Inland Revenue will determine that the amountthe submission was late.
paid to the employee was a net wages payment