on 03-12-2015 6:07 PM
Hi All,
i have a query in GB tax calculation
EE was has been hired after the last month payroll & he has been processed for march payroll.
so he will be getting march salary & april salary
the NI calculation is fine
but this tax has got deducted more 1000Lm - which i am not able to understand what has happened
please let me know if you have any questions
Regards
Rahul
referred to the below links but not able to get around it
Tax Calculation for UK Payroll - ERP Human Capital Management - SCN Wiki
Regards
Rahul
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Hi Ramana,
i have found the solution
there is no issues at all, the system is calculating the tax correctly, i have verified it with HMRC tax calculator
http://payecalculator.hmrc.gov.uk/PAYE0.aspx
add the gross from the retro & the current month (/101) - pre tax deduction (/124) = totaly taxable pay (/121) then go to HMRC tax calculator provide the
details in one click you will get the information.
for more information to see my payroll log, check the below link
Great Britain Payroll Tax calculation and period parameters
Regards
Rahul
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