NI / PAYE Question

[Sockpuppet]

Trying to work this out. Just manually updated my software that calcs PAYE/NIC to abolish the 10p tax rate fiasco thingy - managed to survive since sept on pure dividends.

My tax code is 603L

Total pay to date is £5837.00
Total tax to date is £331.00
Total NI paid to date: £44.22
Total student loan to date: £76.00

Total Emp NI = £51.46

The PAYE tax works out correctly according to the HMRC website so that's not an issue but it reckons I need a refund on Employeers/ees NI contributions.

Can't see that being right? Ideas. Yep I've e-mailed my accountant but I'm on a doing day today so want to get it done

[Ardesco]

Trying to work this out. Just manually updated my software that calcs PAYE/NIC to abolish the 10p tax rate fiasco thingy - managed to survive since sept on pure dividends.

My tax code is 603L

Total pay to date is £5837.00
Total tax to date is £331.00
Total NI paid to date: £44.22
Total student loan to date: £76.00

Total Emp NI = £51.46

The PAYE tax works out correctly according to the HMRC website so that's not an issue but it reckons I need a refund on Employeers/ees NI contributions.

Can't see that being right? Ideas. Yep I've e-mailed my accountant but I'm on a doing day today so want to get it done

Been a while since I looked at this, but isn't 603L £6030 before you start paying tax and NI. If so you are indeed due a rebate.

That being said wait till the end of the year and so what total earnings are and then work it out as you may then have to pay some more when you go over you tax free amount.

[Sockpuppet]

I thought that but I thought that the NI bands were unchanged by the 10p tax thing so you still paid NI from the £5435 (or 90£ a week level).

[Ardesco]

I probably owe some NI then

Still I'm sure they can wait until year end for me to pay them an extra £100 or so.

[Sockpuppet]

Yeah, the amount I've paid is correct.

Naughty ardesco