Enables you to implement the statutory changes made in the Budget to tax codes by specifying the points by which tax codes must be increased. The tax code information, shown on the Tax Code Detail screen for employees, is updated accordingly.

Note: Please run this task in the latest ResourceLink statutory release for the next tax year and after the yearend close-down is completed. It is the employer’s responsibility to ensure that statutory parameters and employee tax codes are compliant.

You can apply the increment points to all records, or you may want to apply the points to different control groups at different times. For example, monthly paid employees first, and weekly paid employees on another day. If so, then you must run this task multiple times.

General

Effective Date

Select the correct effective date from the drop-down menu as defined in the Uplift Increments window within the UK Tax Tables screen. This date is usually 6 April and reflects the start of the tax year.

Modify Codes With Letter L, M, N, P, Y

These are display-only increment points derived from the Uplift Increments window. For example, tax codes suffixed by ‘L’ may require a 50-point increment, which would mean records with code 1250L would be uplifted to 1300L.

Check the uplift values to ensure they are correct. Click the Cancel button to exit or click the Commit button to continue with the uplift process.

MD85S1