Bjn201

Hi, Imagine i earnt - £125,000. - do i get the savings allowance of £500? - What if I earn £,125,200? Do I get ZERO allowance now? I see the threshold is 125,140 to be additional rate tax payer, but does the personal savings allowance immediately get removed if i earn £1 over 125,140? Or is it a sliding scale? Thanks!

Hi, Will i start paying payments on account instead of deduction of income tax owed through PAYE? I am employed, earning £100k a year. Tax owed is £3,500. I earn more than 90% of my income through my salary. Will the £3,500 tax be paid through PAYE or through payments on account?

Thank you. for the 2023/2024 tax year, should the employer put the full cash value paid for medical insurance on the employee's P11d? Note that the period covered by the cost paid covers the period February 2024 - Jan 2025.

Thank you for your reply. Can we put the full annual value of the medical insurance for the period February 2024-January 2025 on the employees 2023/2024 P11d? They have left in February 2024, so we will not be able to do a 2024/2025 p11d for the above benefit.

Hi, leaving them on the payroll is not possible, they are no longer an employee, plus they are moving to other employment elsewhere. Can we not put the full annual value of the medical insurance for the period February 2024-January 2025 on the employees 2023/2024 P11d? If not, is there any notification we as the employer need to make to HMRC? Thanks

We have an employee who is leaving in February 2024, but it has been agreed that they will remain on the Private Medical Insurance until January 2025 when the annual policy expires. for the 23/24 tax year, we will submit a P11d of course. Please can you confirm what is required for the 24/25 tax year, as the employee will have left before the start of the tax year? Is there a letter that needs to be written, if so, what exactly do we need to say? Can we alternatively put the full annual value of the medical insurance for the period February 2024-January 2025 on the employees 23/24 P11d?