CIPP Payroll: need to know 2018-2019

Exceeding £122.28 but not exceeding £442.00 Exceeding £442.00 but not exceeding £664.50

£4.00 or 19% of earnings exceeding £122.28, whichever is the greater

£60.75 plus 23% of earnings exceeding £442.00

Exceeding £664.50

£111.92 plus 50% of earnings exceeding £664.50

Table B: Deductions from Monthly Earnings Net Earnings

Deduction*

Not exceeding £529.90

Nil

Exceeding £529.90 but not exceeding £1,915.32 Exceeding £1,915.32 but not exceeding £2,879.52

£15.00 or 19% of earnings exceeding £529.90, whichever is the greater

£263.23 plus 23% of earnings exceeding £1,915.32

Exceeding £2,879.52

£485.00 plus 50% of earnings exceeding £2,879.52

Table C: Deductions from Daily Earnings Net Earnings

Deduction*

Not exceeding £17.42

Nil

Exceeding £17.42 but not exceeding £62.97 Exceeding £62.97 but not exceeding £94.67

£0.50 or 19% of earnings exceeding £17.42, whichever is the greater

£8.65 plus 23% of earnings exceeding £62.97

Exceeding £94.67

£15.95 plus 50% of earnings exceeding £94.67

*When applying a percentage the calculation should be done to two decimal places of a penny and the result rounded to the nearest whole penny, with an exact half penny being rounded down.

This change also alters the protected minimum balance in bank arrestments. The protected minimum balance sets out a minimum amount which is protected from arrestment and provides important protection for those who may have their bank account arrested. The protected minimum balance will increase from £494.01 to £529.90.

Geographical extent: Scotland

Back to Contents

The Chartered Institute of Payroll Professionals

Payroll: need to know

cipp.org.uk

Page 394 of 598

Made with FlippingBook - Online magazine maker