It instantly removes the need for tax and NI tables and produces a printed payslip on standard A4 paper. Packed with features to make your day to day payroll so much easier and save time and money.
Note: With this version you can also calculate 2009/10 and legacy tax years going back to 2005/06.
News
Timesaver: Calc for Tax 2010 v6 is now ready for download. This version includes tax and national insurance changes that take effect in April 06 2010.
Tax Changes
The basic rate remained at 20% £1 to £37,400.
The higher rate 40% is applied on earnings between £37,401 and £150,000.
There has been an additional rate or 50% added for employees the earn above 150,001.
The emergency Tax code will remain at 647L.
D0 and NT Tax codes can now be operated cumulatively.
National Insurance Changes
An increase to the Lower Earnings Limit from £95 per week to £97 a week