News

Being in business, managing operations and supporting your people can mean that keeping up to date with current and future trends, best practice and legislative changes is hard work.

Our news articles and features are pulled together here so that you can find out more about how your industry is changing, how regional and global trade is moving and how the talented team at Duncan & Toplis can help you and your business face everyday challenges. 

You can also follow our daily updates on LinkedIn, twitter and Facebook

New from March 2020: Visit our COVID-19 Knowledgebase

 

Get Duncan & Toplis updates direct to your inbox

We take data protection seriously, in full compliance with the General Data Protection Regulation (EU) 2016/679 (GDPR). You can unsubscribe from this service at any time.

 

Payroll Information 2019/20

Duncan & Toplis logo

Statutory Rates

 

2018-19

2019-20

Statutory Maternity Pay (SMP) – first 6 weeks

90% of average weekly earnings

90% of average weekly earnings

Statutory Maternity Pay (SMP) – remaining weeks

Lower of £145.18 or 90% of average weekly earnings

Lower of £148.68 or 90% of average weekly earnings

Ordinary Statutory Paternity Pay (OSPP)

Lower of £145.18 or 90% of average weekly earnings

Lower of £148.68 or 90% of average weekly earnings

Additional Statutory Paternity Pay (ASPP)

Lower of £145.18 or 90% of average weekly earnings

Lower of £148.68 or 90% of average weekly earnings

Statutory Adoption Pay (SAP) – first 6 weeks

90% of average weekly earnings

90% of average weekly earnings

Statutory Adoption Pay (SAP) – remaining weeks

Lower of £145.18 or 90% of average weekly earnings

Lower of £148.68 or 90% of average weekly earnings

Statutory Shared Parental Pay (ShPP)

Lower of £145.18 or 90% of average weekly earnings

Lower of £148.68 or 90% of average weekly earnings

Statutory Sick Pay (SSP)

£92.05 per working week

£94.25 per working week

Proportion of Statutory Payments you can recover from HM Revenue & Customs (HMRC)

If your total Class 1 National Insurance liability (both employee and employer contributions) is above £45,000 for the previous tax year, you can reclaim 92% of any SMP, OSPP, ASPP, SAP or ShPP paid.

If your total Class 1 National Insurance liability for the previous tax year is £45,000 or lower, you can reclaim 103% (including a 3% compensation) instead of the 92%.

No amount is recoverable from HM Revenue & Customs in respect of any SSP paid.

Tax Thresholds and Rates

England and Northern Ireland

 

2018-19

2019-20

Standard PAYE tax threshold

£11,850 per annum (1185L)

£12,500 per annum (1250L)

Basic Rate Tax

20% on the next £34,500 per annum above the PAYE tax threshold

20% on the next £37,500 per annum above the PAYE tax threshold

Higher Rate Tax

40% on subsequent earnings up to £150,000 per annum above the PAYE tax threshold

40% on subsequent earnings up to £150,000 per annum above the PAYE tax threshold

Additional Rate Tax

45% on earnings over £150,000 per annum above the PAYE tax threshold

45% on earnings over £150,000 per annum above the PAYE tax threshold

Transferable Tax allowance for married couples and civil partners

£1,190

£1,250

Wales

 

2018-19

2019-20

Standard PAYE tax threshold

£11,850 per annum (1185L)

£12,500 per annum (1250L)

Basic Rate Tax

20% on the next £34,500 per annum above the PAYE tax threshold

20% on the next £37,500 per annum above the PAYE tax threshold

Higher Rate Tax

40% on subsequent earnings up to £150,000 per annum above the PAYE tax threshold

40% on subsequent earnings up to £150,000 per annum above the PAYE tax threshold

Additional Rate Tax

45% on earnings over £150,000 per annum above the PAYE tax threshold

45% on earnings over £150,000 per annum above the PAYE tax threshold

Transferable Tax allowance for married couples and civil partners

£1,190

£1,250

Scotland

 

2018-19

2019-20

Standard PAYE tax threshold

£11,850 per annum (1185L)

£12,500 per annum (1250L)

Starter Rate Tax

19% on the next £2,000

19% on the next £2,049

Basic Rate Tax

20% on the next £10,150 per annum above the PAYE tax threshold

20% on the next £10,395 per annum above the PAYE tax threshold

Intermediate Tax Rate

21% on the next £19,429 per annum above the PAYE tax threshold

21% on the next £18,486 per annum above the PAYE tax threshold

Higher Rate Tax

41% on subsequent earnings up to £150,000 per annum above the PAYE tax threshold

41% on subsequent earnings up to £150,000 per annuam above the PAYE tax threshold

Additional Rate Tax

46% on earnings over £150,000 per annum above the PAYE tax threshold

46% on earnings over £150,000 per annum above the PAYE tax threshold

Transferable Tax allowance for married couples and civil partners

£1,190

£1,250

General Coding Increases

  • L suffix codes increase by 65
  • M suffix codes increase by 71
  • N suffix codes increase by 59
  • Changes to other tax codes are made by means of P9 coding notices

Note: Apply the above increases to codes before you apply any P9 coding notices.

Class 1 National Insurance Rates and Thresholds

 

2018-19

2019-20

Lower Earnings Limit (LEL)

£116 per week

£503 per month

£6,032 per annum

£118 per week

£512 per month

£6,136 per annum

Secondary Threshold (ST)

£162 per week

£702 per month

£8,424 per annum

£166 per week

£719 per month

£8,632 per annum

Primary Threshold (PT)

£162 per week

£702 per month

£8,424 per annum

£166 per week

£719 per month

£8,632 per annum

Upper Earnings Limit (UEL)

£892 per week

£3,863 per month

£46,350 per annum

£962 per week

£4,167 per month

£50,000 per annum

Upper Secondary Threshold (under 21) (UST)

£892 per week

£3,863 per month

£46,350

£962 per week

£4,167 per month

£50,000 per annum

Apprentice Upper Secondary Threshold (apprentice under 25) (AUST)

£892 per week

£3,863 per month

£46,350 per annum

£962 per week

£4,167 per month

£50,000 per annum

Class 1 National Insurance rates – Employee (primary) contribution rates

National Insurance category letter

Earnings at or above LEL up to and including PT

Earnings above the PT/ST up to and including UEL/UST/AUST

Balance of earnings above UEL/UST/AUST

A

0%

12%

2%

B

0%

5.85%

2%

C

NIL

NIL

NIL

H (Apprentice under 25)

0%

12%

2%

J

0%

2%

2%

M (under 21)

0%

12%

2%

Z (under 21 – deferment_

0%

2%

2%

Class 1 National Insurance rates – Employer (secondary) contribution rates

National Insurance category letter

Earnings at or above LEL up to and including ST

Earnings above the PT/ST up to and including UEL/UST/AUST

Balance of earnings above UEL/UST/AUST

A

0%

13.80%

13.80%

B

0%

13.80%

13.80%

C

0%

13.80%

13.80%

H (Apprentice under 25)

0%

0%

13.80%

J

0%

13.80%

13.80%

M (under 21)

0%

0%

13.80%

Z (under 21 – deferment_

0%

0%

13.80%

Student Loan Threshold and deductions rates

Student Loan Plan 1

 

2018-19

2019-20

Employee Earnings Threshold

£352 per week

£1,527 per month

£18,330 per annum

£364.13 per week

£1,577.92 per month

£18,935 per annum

Student Loan Deductions

9%

9%

Student Loan Plan 2

 

2018-19

2019-20

Employee Earnings Threshold

£480 per week

£2,083 per month

£25,000 per annum

£494.71 per week

£2,143.75 per month

£25,725 per annum

Student Loan Deductions

 

9%

Postgraduate Loan

 

2018-19

2019-20

Employee Earnings Threshold

N/A

£403.84 per week

£1,750 per month

£21,000 per annum

Student Loan Deductions

N/A

6%

Employment Allowance

If you have previously claimed this and your circumstances have not changed, providing you still meet the qualifying criteria, you can continue to claim through your payroll system for the 2019-20 tax year. If your circumstances have changed, then you will need to amend your payroll system accordingly. If you mistakenly register for the allowance you can correct this by changing the indicator within your software. This will mean that any allowance previously claimed will now become a liability to HMRC and will need to be paid. The eligible value to be claimed per employer for 2019-20 is £3,000.

Apprenticeship Levy

Allowance £ 15,000

Rate 0.5%


Duncan & Toplis

Chartered Accountants and Business Advisers

Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
Simple sign up
Start receiving our eAlerts and updates
ErrorHere