Gibraltar Year-End Tax Details
Enables you to maintain year-end tax details for an employee.
Details
Tax-Free Pay Code
For employees who were liable for tax deductions under the Allowances Based System (ABS) enter the tax-free pay code of the employee, or select one by clicking window to display Tax-Free Pay Code Selection. Enter GI where the employee was liable for tax deductions under the Gross Income Based System (GIBS) and enter NT where the employee had no tax liability for the relevant tax year. Where an employee had tax deducted at a flat rate percentage, enter X here and the corresponding flat rate percentage in the Tax Percentage field.
Tax-Free Pay
Display only. The amount of tax-free pay. This is only displayed for employees taxed under ABS.
Tax Percentage
Enter the employee's tax percentage. This field is only required if X has been entered under Tax Free Pay Code. The tax percentage entered here is applied to the whole of the employee's gross taxable pay.
Tax Reference
Enter the employee's tax reference.
Soc. Sec. Code
Enter the employee's social security code, or select one from the drop-down list. The options are set up in the GISCOD narrative category. This code determines the employee's class of social insurance contributions.
Director
Enter Y if the employee was in receipt of directors fees at the end of the tax year.
Pensioner
Enter Y if the emoluments received at the end of the tax year was a pension.
Student
Enter Y if the employee was a student at the end of the tax year.
Section 19
Enter Y if the employee was classed under 'Section 19' (i.e. fewer than 30 days in Gibraltar) at the end of the tax year.
Button
P8 Details
Click this button to display P8 Details, where you can maintain details for the P8 return.
MD158L9