Personal Tax Allowances
It is important that your payroll complies to current legislation. Here are the latest earning thresholds for 2005/06 tax year.
If you are a registered client, we have given you the complete Tax and National insurance breakdown on our tax tables page or by clicking any of these links below:-
| Tax Allowances | 2005/06 | 2006/07 |
| Allowed at top rate of tax | ||
| Personal Allowance | £4,895 | £5,035 |
| Personal Allowance (65-74)* | 7,090 | 7,280 |
| Personal Allowance (75+)* | 7,220 | 7,420 |
| Blind Person's Allowance | 1,610 | 1,610 |
| Allowed only at 10% | ||
| Married Couple's Allowance (65-74)* | 5,905 | 6,065 |
| Married Couple's Allowance (75+)* | 5,975 | 6,135 |
| Income Limit for age-related allowances | 19,500 | 20,100 |
Existing clients can view the tables in more details on the Tax Tables Support page on our website.
The new Tax, NIC and mileage rates can also be viewed here.
If your employee has a main job elsewhere where they are paying the maximum national insurance, they can apply for a deferment of paying any additional national Insurance if this second job. More information is on our customer support pages.
Small Employers’
Relief
Small employers are entitled to recover the difference between 13% of their total national insurance bill and the statutory sick pay paid for that month.
Small employers are also entitled to recover 100% of the total Maternity pay paid plus compensation from Inland Revenue.
The Government is paying small businesses up to £825 to submit their P35 annual returns online. This is an integral part of our service and we are Inland Revenue internet ready.
Free Payroll Brochure
Our 14 page colour brochure gives more in depth information on our UK Payroll
services. Interactive 3D
eBrochure is available to download direct
from this site. For more information on our payroll services, you can contact us
giving an overview of your requirements or you can complete the
quotation request
form.
You can also download the brochure here.