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Tax Upgraded(Posted 1-Mar-2007)
iPayroll has been updated for the tax changes coming into effect from 1-April-2007.
We have upgraded the iPayroll web site to correctly calculate tax from 1-April. When you process a payroll, the correct tax calculations will be automatically applied - following the specifications published by Inland Revenue. Also included this year is changes to allow for 9-digit IRD numbers. Inland Revenue will start issuing these when the existing 8-digit number range is exhausted.
Refer to the
PAYE and
Student Loan help for details.
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