A silly one maybe...

For payroll purposes, can someone please confirm whether the 40% band is applied proportionally over the year or is it applied cumulatively such that net pay will suddenly change from one month to the other once the 40% band is breached? Many thanks in advance.

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Depends ...

Old Greying Accountant |
Old Greying Accountant's picture

Thanks a lot old and grey,

charlb |

Payroll software supplier?

petersaxton |
petersaxton's picture

It's the way culmulative works.

ACDWebb |
ACDWebb's picture

If 40% band isn't the normal marginal rate

Democratus |
Democratus's picture

If gross goes up, so should net ...

Old Greying Accountant |
Old Greying Accountant's picture

More gross pay should never be less net

TomMcClelland |
TomMcClelland's picture