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Identifier S208 Issue 1
Title OpenVME UK Commercial Procedures - Repairs available for Income Tax and National Insurance changes effective from 6th April 2008.
Priority A
Date 2008/02/27

 

OpenVME UK Commercial Procedures - Repairs available for Income Tax and National Insurance changes effective from 6th April 2008.

For Income Tax, repair LP/0/0003.6 (replacing LP/0/0003.5) for module ICL9LGCPAYE(version 7200),is now available.

This repair implements the Income Tax rate changes first announced in the March 2007 Budget.

The rates and bandwidths are as follows :

There is no longer a starting rate.

Basic Rate at 20% - £1 to £34,600.
Higher Rate at 40% - over £34,600.

For National Insurance, repairs LN/X/0006.5 (replacing LN/X/0006.4) for module ICL9LGCNATINX (version 9300) and LN/S/0004.5 (replacing LN/S/0004.4) for module ICL9LGCNATINS (version 9300) are now available.

These repairs incorporate the changes to the Income Tax and National Insurance regulations published on the HM Revenue & Customs web-site (www.hmrc.gov.uk),

Reference :-

HM Revenue & Customs Notes for Payroll Software Developers:
      Series 11 - Number 2 (November 2007)

For details of CLPAYE version 7200 and CLNI version 9300
see IONS163 and IONS165

 

 
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