Payroll insight
Register for payrolling Employers must register online (http://bit.ly/2m3anX7) on or before 5 April to payroll benefits in kind for tax year 2018–19. Those not registering to use the online service by this date should visit http://bit. ly/2EFZNhX for guidance. Week 53 (54, 56) If there are 53 weekly (or 27 fortnightly or 14 four-weekly) payments made in 2017–18 because the last falls on 5 April, see http://bit.ly/2tsH3sY for guidance.
Table B – SSP according to qualifying days (QDs) and absence
SSP due according to days absent/payable
QDs in week
1
2
3
4
5
6
7
£
£
£
£
£
£
£
7 6 5 4 3
13.15 26.30 39.45 52.60 65.75 78.90 92.05 15.35 30.69 46.03 61.37 76.71 92.05
18.41 36.82 55.23 73.64 92.05
23.02 46.03 69.04 92.05
30.69 61.37 92.05
Statutory sick pay (SSP) The weekly rate of SSP increases from 6 April to £92.05; see Table B for equivalent daily rates where the number of qualifying days is between one and seven.
Income tax Changes to income tax allowances, tax bands and rates have effect from 6 April 2018.
Table D2 – Tax rates and bands: Scotland
Taxable income
Rate
Table C – Income tax allowances
Table D1 – Tax rates and bands: England, Wales, Northern Ireland
£11,850–£13,850
19%
Personal allowance
£11,850
£13,851–£24,000 £24,001–£43,430 £43,431–£150,000
20% 21% 41% 46%
Blind person’s allowance
£2,390
£0–£34,500
20%
Transferable tax allowance for married couples and civil partners
£34,501–£150,000
40%
£1,185
Over £150,000
45%
Above £150,000
National Insurance contributions (NICs) ● Class 1 NICs – There are changes to the lower and upper earnings limits and to the primary and secondary thresholds. The bands are shown in Table E, and the rates in Tables F1 and F2. ● Class 1A and 1 NICs – These employer-only NICs are due at 13.8%.
Table F1 – Class 1 NICs employee (primary) rates NICs table letter On earnings LEL to PT PT to UEL Above UEL A 0% 12% 2% B 0% 5.85% 2% C 0% 0% 0% H 0% 12% 2% J 0% 2% 2% M 0% 12% 2% Z 0% 2% 2%
Table E – Class 1 NICs earnings limits and thresholds Lower earnings limit (LEL) £ Weekly 116 Monthly 503 Yearly 6,032 Earnings thresholds (ET)
Primary
162
Weekly
Secondary
Table F2 – Class 1 NICs employer (secondary) rates
Primary
On earnings
Monthly
702
NICs table letter
Secondary
PT to UST, AUST, UEL
Above UST, AUST, UEL
LEL to PT
Primary
8,424
Yearly
Secondary
A B
0% 0% 0% 0% 0% 0% 0%
13.80% 13.80% 13.80% 13.80%
Upper secondary threshold (UST) Apprentice UST (AUST) Upper earnings limit (UEL) Weekly
C
13.80% 13.80%
H
0%
13.80%
892
J
13.80% 13.80%
Monthly
3,863
M
0% 0%
13.80% 13.80%
Yearly
46,350
Z
23
| Professional in Payroll, Pensions and Reward |
Issue 39 | April 2018
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