Further correction to tax code uplifts 2018-19
03 January 2018
HMRC’s software developers support team (SDST) has provided a second correction to the rates and thresholds for the 2018-19 tax year.
Following the publication of the Finance Bill on 1 December 2017, SDST provided payroll rates and thresholds for 2018-19. A correction was then provided for the tax code uplift for suffix M which changed from 39 to 38.
SDST has reviewed the figures again and can confirm that the figures are as follows:
• Suffix L: 11500 to 11850 = 350 increase, therefore uplift 35.
• Suffix M: 12650 to 13035 = 385 increase. This is rounded up to nearest £10 therefore 390 increase, uplift 39.
• Suffix N: 10350 to 10665 = 315 increase, therefore uplift 31 (not rounded up).
Once again, please accept SDST’s apologies for any confusion or inconvenience caused.