There are a number of different tax codes currently in use, with different effects on the tax calculations. Sage Instant Payroll automatically calculates tax based on the tax codes, and you can't override these calculations.
For the 2021/22 tax year, the personal allowance increases from £12,500 to £12,570. This means that the emergency tax code for 2021/22 is set to 1257L, and your clients will need to update some of their employee tax codes.
For the 2021/22 tax year, the personal allowance increases from £12,500 to £12,570. This means that the emergency tax code for 2021/22 is set to 1257L, and you'll need to update some of your employee tax codes.
To help you process transactions with the EU post Brexit, we've created a quick guide focussing on the most common scenarios to show tax codes before and after 1 January 2021 in Sage 50cloud Accounts 27.1 and above.
Currently, the tax codes generated using the employee statements on the starter checklist are always English ones - lacking S or C prefixes. This happens even if the employer's address and the employee's address are both Scottish or Welsh.
I've just added a new tax code in Sage (GI - GST 5% included). I've edited the appropriate details through the magnifying glass such as "tax % = 5, Status = taxable, Included in Price = yes, Refundable = yes).