HMRC issues update to CA39 - Contracted-out salary related pension schemes
20 May 2016
There was an error in CA39 for the 2015-16 tax year where earnings in column 1d are recorded incorrectly by £2 per month (maximum £24) for any employees who are within all of the following:
· entitled to pay Married Women's Reduced Rate,
· in a Salary Related Contracted Out pension scheme,
· earning above the UEL for 2015-16,
· are monthly paid, and
· have their NICs calculated manually by using CA39 tables.
The calculation of NICs is not affected.