The link below will take you to another ...

The link below will take you to another updated version of our Tax Year 2020/2021 release note.

The release note contains slightly amended threshold rates and added NMW rates for apprentices over 19 years of age.

WFM Release Note: New Tax Year 2020/2021

^ please open this link to view the full release note details ^

What’s Changing?

This release note contains all changes made in the system required to allow legislative compliance from April 2020.

Please note: Certain tax rates and figures within this release note are subject to change, due to the Government's Budget taking place on 11th March 2020.

Release date: 12th March 2020.

Reason for the Change

Her Majesty’s Revenue and Customs (HMRC) are implementing changes to legislation agreed by the UK government, for the tax year beginning 6th April 2020.

Please comment below if you have any queries regarding this Release.

Best,

Paul

Fourth