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Identifier S210 Issue 1
Title OpenVME UK Commercial Procedures Repair available for PAYE changes effective from 18th May 2008
Priority A
Date 2008/04/17

 

OpenVME UK Commercial Procedures Repair available for PAYE changes effective from 18th May 2008.

Repair LP/0/0003.7 for module ICL9LGCPAYE(version 7200), is now available. It replaces LP/0/0003.6 which was effective from 6th April until 17th May 2008.

This repair implements the Income Tax changes announced in the March 2008 Budget regarding the changes to the income tax rate bandwidths. It also includes the changes to rates first announced in March 2007.

The rates and bandwidths are as follows :

Basic Rate at 20% - up to £36,000.
Higher Rate at 40% - over £36,000.

For details of CLPAYE version 7200 see IONS163.2 and IONS165.2
 
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