2011/12 has brought several tax and national insurance contribution changes for employers: 1. The taxable element of post-P45 termination payments must now be taxed using code 0T instead of BR. In a change to the original proposal, this rule does not apply to share scheme payments made to leavers, where code BR will continue to apply. 2. Tax relief for childcare vouchers is restricted to the equivalent of basic rate tax for new users. 3. PAYE late payment penalties will start to appear soon (in respect of 2010/11). 4. The car fuel benefit base increased from £18,000 to £18,800 (the 2010/11 P11 Ds should use the lower figure for last year). 5. Maternity allowance and statutory maternity, paternity and adoption pay increased from £124.88 to £128.73.
展开▼
