Hi,
I'm not sure this is the best place to post this but the system won't let me post to members technical questions, I guess it because with ICB I'm still a student (must send in that paperwork...:))
I am trying to process the payroll for 2 directors of a small arts CIC. They have been paid £2000 so far this year and I am paying £1000 again this month. I knew there would be a tax liability and worked this out to be £69.55 each using the manual tables. However, when I put the figures into HMRC's PAYE tool it advised only £23.20...
I have doubled checked using HMRC's quick calculator tool on a different .gov page and it also shows my figure of £69.55.
Any ideas what I'm missing? I have double checked all their details and everything is correct; tax code, pay month, no other deductions etc...
Thank you in advance!
Lucy
Edited at 13 Jun 2015 05:31 AM GMT
|