TaxcodestousefollowingtheBudget

Introduction
InhisBudgeton18March2015,theChancelloroftheExchequerconfirmedtheannouncementsmadeinhisAutumnStatement
on5December2014onPersonalAllowances,IncomeTaxratesandIncomeTaxbandwidthsfor2015to2016.

Taxcodes
TherearenochangestotaxcodesasaresultoftheBudgetandyoushouldcontinuewithemployeestaxcodesonthe
payrollrecord.

IncomeTaxratesandIncomeTaxbandwidths
TherearenochangestotheIncomeTaxratesandIncomeTaxbandwidthswhicharetobeusedfrom6April2015.

TheseareshownonformP9X(2015)Taxcodestousefrom6April2015whichisavailableonlinetodownloadorprint,

gotowww.gov.uk/government/publications/p9xtaxcodes

Ifyoudonthaveinternetaccess,youcanphonetheEmployerOrderlineon03001231074.

Payrollsoftware
Pleasemakesurethatyoursoftwareincorporatestheincometaxchangesfrom6April2015.Ifyouarenotsure,checkwith
yoursoftwaresupplier.Ifyoudonotusepayrollsoftwareatthemoment,youneedtogetsoftwarethatiscapableoffiling
payrollinformationonline.Formoreinformation,gotowww.gov.uk/payrollsoftware

Manualpayroll
Ifyouhaveanagreedexemptionfromonlinefilingandwillbeoperatingamanualpayroll,youmustcontinuetouse
CalculatorTables(April2015)orTablesBtoD(April2015)whichhavenotbeenchanged.ThePayAdjustmentTablesTables
Aalsoremainunchanged.

BasicPAYETools
IfyouusetheBasicPAYEToolstocalculateyourpayroll,continuetousethis.TogetmoreinformationaboutHMRCsBasicPAYE
ToolspleaseseetheguidanceonPayrolloptionsforrealtimePAYE,gotowww.gov.uk/payrollsoftware

P7X(2015)

5014432HMRC03/15