UK Payroll Facts 2011/12

Tax Rates and Bands

Standard Tax Code
747L
£7,475 Allowances per year on earnings less than £100,000
Income Tax Rates Between
0 – 35,000
@ 20%
Over
35,001
@ 40%
Between
100,000 – 150,000
@ 40% reducing personal allowances
Over
150,000
@ 50% (no allowances)
 

Statutory Payments

SSP       28 weeks
£81.60 per wk
£16.32 per day
SMP/SAP       39 weeks
6 wks @ 90% AWE
33 wks @ £128.73 or AWE if less
SPP       1 or 2 weeks
@ £128.73 or AWE if less
 
Small Employer Threshold
Less than £45,000 previous
Recover 100% + 3.00% comp
Recover if not Small Employer
Only on SMP/SPP/SAP
92%
 

National Minimum Wage

NMW Per Hr
Oct-2009
Oct-2010
Oct-2011
16-17
3.57
3.64
3.68
18-20
4.83
4.92
4.98
21 and above
5.80
5.93
6.08
Apprentice
 
2.50
2.60
 

NIC Earnings Table

 
P/Week
P/Month
P/Annum
Ee’s
Er’s
Lower Earnings Limit (LEL)
102.00
442.00
5,304.00
Nil
Nil
Secondary Threshold (ST)
136.00
589.00
7072.00
0%
13.8%
Primary Threshold (ST)
139.00
602.00
7,225.00
12.0%
13.8%
Upper Accrual Point (UAP)
770.00
3,337.00
40,040.00
12.00%
13.8%
Above Upper Earnings Limit (UEL)
817.00
3,540.00
42,475.00
2.00%
13.8%
 

Other rates

Statutory Redundancy maximum 20 weeks
01/02/2012    £400.00 per week

Student Loan earnings above
£15,000     9% Deduction

Childcare Vouchers (Salary Sacrifice)
Maximum £243.00pcm (55.00 pw) 20%
Maximum £124.00pcm (28.00 pw) 40%
Maximum £97.00pcm (22.00pw) 50%

 

Employee Vehicle Mileage Payments for business travel

Motor Cars and Vans
 

First 10,000 business miles*
45p per mile

Over 10,000 business miles
25p per mile

Motorcycles
24p per mile

Cycles
20p per mile

* For NIC purposes, the higher rate applies to all miles, not only the first 10,000.