PAYE Tax Codes for 2011-2012

PAYE Tax Codes for 2011-2012

February 10th 2011 3:06 pm

general

The new tax codes for the 2011/2012 tax year are being issued between January and March 2011. These will determine your allow ...

5,651 views

The new tax codes for the 2011/2012 tax year are being issued between January and March 2011. These will determine your allowances and tax rates for the pay you receive between 6th April 2011 and 5th April 2012. Please make sure you check these tax coding notices for any errors - you can use our tax calculator. With the basic personal allowance for next year increasing from £6,475 to £7,475 the normal coding for under 65s will change from 647L to 747L. Due to the nature of the tapering of personal allowance, which are continuing into the new tax year, if you have income at or over £114,950 in 2011/12, you will have a zero personal allowance. Remember that personal allowances tapering is adjusted by looking at gross income earned within the tax year, but you can subtract payments made toward pensions, charity and losses. Try our UK Tax Calculators Wizard, it will allow you to enter all your income from differing sources and then calculate what your total tax liability will be. You can enter PAYE or personal pension contributions and see the effect on your taxation quite easily within it.

tax calculator powered by UK Tax Calculators

be smart. find an accountant online now. it's easy!

what type of accounting work do you need help with? choose below.

Disclaimer

We are a lead generation facility for accountants located across the UK. We provide our visitors with the ability to search for accountants directly or provide details of the work they require and seek out accountants looking for clients with similar circumstances. Users of this website are assured that their personal details are not distributed to more than one accountant and that accountant is then allowed to contact the user to discuss the service the accountant can provide. All data transmission on this website and administration facility is carried out under full 256-bit SSL encryption.

Please read our full disclaimer.