Lynn Ko
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Tax Band on PSA calculation
Hi team Hopefully this is a general question and easy to answer. For PSA calculation to be grossed up by tax band, what is the HMRC guide line for the employer to determine which tax band for individuals? Is it taxable earnings or P60 figures in this employment? Or simply their basic salaries without annual bonus, overtime etc. Thank you Kind Regards -
RE: P11d required for Leavers left before 2022-23 tax year but received private medical insurance
Perfect! Thank you -
P11d required for Leavers left before 2022-23 tax year but received private medical insurance
Good Afternoon Much appreciated your advice and apologies if this has been on the forum before. Is it a requirement for the employer to include the leavers who left the employment prior to the tax year 2022-23 with agreement to extend their private medical covers until July 2023? There hasn't been any tax deduction for this extended cover on their last pay due to numbers of reasons. Is it correct not to include on 2022-23 P11d submission since they're no longer employed during 2022-23? Or Since this is not a mistake and left opened for medical cover on purpose, we should include them in 2022-23 P11d submission and paid Class 1A as we would normally do for any leavers in during the tax year? Thank you Kind Regards