P.A.Y.E TAX AND SOCIAL INSURANCE DEDUCTION TABLES
These Tax Tables have been prepared by the Income Tax Office and are to be operated from 1 April 2017. You should use them until the Income Tax Office advises you otherwise.
P2 April 2017
CONTENTS
Page No.
About this booklet 2
Tax Codes 3
Social Insurance Contribution Class 4
Scope of tables 5
Definitions and explanations of terms 5
Codes 5
How to apply the Tables 5
Fortnightly, four-weekly, quarterly, half-yearly 6
and yearly pay
Lump sum payments on cessation of employment 6
Students 6
Part-time employees 6
Part 1 – ALLOWANCES BASED SYSTEM
How to read the Tables 7
How to calculate Tax Deductions on 7
annual bonuses and periodic payments
Overtime or bonus earned in one month 8
by monthly paid employees but paid during
following month
Exceptional payments 9
Part 2 – GROSS INCOME BASED SYSTEM
How to read the Tables 9
Income Tax Calendar 10
SOCIAL INSURANCE
Calculation of Social Insurance Contributions 11
When contributions need not be paid 12
Employees with more than one employer 12
Social Insurance Contributions Calendar 13
ABOUT THIS BOOKLET
The tables in this booklet will tell you how much PAYE Tax and Social Insurance Contributions you need to deduct when making a payment of salary or wages to an employee.
The tax tables are split into 2 Parts as follows:
PART 1 Tax and Social Insurance deductions for emoluments (gross pay) earned under the ‘Allowances Based System’ of taxation.
PART 2 Tax and Social Insurance deductions for emoluments (gross pay) earned under the ‘Gross Income Based System’ of taxation.
You must use PART 1 if you have employees who have opted to pay tax under the ‘Allowances Based System’ for a given tax year.
You must use PART 2 if you have employees who have opted to pay tax under the ‘Gross Income Based System’ for a given tax year.
PART 1
Page No.
Monthly Table A 17
Weekly Table B 119
Daily Table C 143
Annual Table D 149
Code ‘X’ Table E 165
PART 2
Monthly Table F 169
Weekly Table G 217
Daily Table H 229
Annual Table I 231
TAX CODES
2016/2017
Code / Allowances / Code / Allowances20 / 3900 / - / 3999 / 47 / 6850 / - / 6999
21 / 4000 / - / 4099 / 48 / 7000 / - / 7149
22 / 4100 / - / 4199 / 49 / 7150 / - / 7299
23 / 4200 / - / 4299 / 50 / 7300 / - / 7449
24 / 4300 / - / 4399 / 51 / 7450 / - / 7599
25 / 4400 / - / 4499 / 52 / 7600 / - / 7749
26 / 4500 / - / 4599 / 53 / 7750 / - / 7899
27 / 4600 / - / 4699 / 54 / 7900 / - / 8049
28 / 4700 / - / 4799 / 55 / 8050 / - / 8199
29 / 4800 / - / 4899 / 56 / 8200 / - / 8349
30 / 4900 / - / 4999 / 57 / 8350 / - / 8499
31 / 5000 / - / 5099 / 58 / 8500 / - / 8649
32 / 5100 / - / 5199 / 59 / 8650 / - / 8799
33 / 5200 / - / 5299 / 60 / 8800 / - / 8949
34 / 5300 / - / 5399 / 61 / 8950 / - / 9099
35 / 5400 / - / 5499 / 62 / 9100 / - / 9299
36 / 5500 / - / 5599 / 63 / 9300 / - / 9499
37 / 5600 / - / 5699 / 64 / 9500 / - / 9699
38 / 5700 / - / 5799 / 65 / 9700 / - / 9899
39 / 5800 / - / 5899 / 66 / 9900 / - / 10099
40 / 5900 / - / 5999 / 67 / 10100 / - / 10299
41 / 6000 / - / 6099 / 68 / 10300 / - / 10499
42 / 6100 / - / 6249 / 69 / 10500 / - / 10699
43 / 6250 / - / 6399 / 70 / 10700 / - / 10899
44 / 6400 / - / 6549 / 71 / 10900 / - / 11099
45 / 6550 / - / 6699 / 72 / 11100 / - / OVER
46 / 6700 / - / 6849