Months £4,720
Automatic enrolment Earnings trigger
£182
£364
£727
£787
£2,360
£9,440
Qualifying earnings
£109
£218
£436
£473
£1,417
£2,834
band lower limit
£5,668
Qualifying earnings band upper limit £41,450 pa
£797
£1,594
£3,188
£3,454
£10,363
£20,725
Real Time Information
AMENDED REGULATIONS FOR REAL TIME INFORMATION PUBLISHED
16 March 2012
The amending regulations implementing Real Time Information have been laid in Parliament, together with an accompanying Tax Information and Impact Note .
Statutory Instrument: SI 2012 No 822 and Explanatory Memorandum The Income Tax (Pay As You Earn) (Amendment) Regulations 2012, these regulations primarily relate to Real Time Information, Securities, closing the Simplified PAYE Deduction Scheme to new employers and Code 0T. Statutory Instrument: SI 2012 No 821and Explanatory Memorandum The Social Security (Contributions) (Amendment No 3) Regulations 2012, these regulations primarily relate to Real Time Information, Security for payment of Class 1 and Class 1A contributions, Class 1A returns and other amendments necessary to the Principle Regulations. Statutory Instrument: SI 2012 No 820 and Explanatory Memorandum The Income Tax (Construction Industry Scheme) (Amendment) Regulations 2012, these regulations primarily relate to Real Time Information.
The Policy team will of course be going through these regulations with a fine toothcomb!
Associated Tax Information and Impact Notes:
Closure of the Simplified PAYE Deduction Scheme to new employers at 5/4/12 and completely on 5/4/13
PAYE code applied to share-based payments in certain circumstances
CIPP Policy News Journal
12/04/2013, Page 181 of 362
Made with FlippingBook - Online magazine maker