Paying the right amount of tax through PAYE – dynamic coding

Jul 31, 2017

HMRC have asked us to share their update on dynamic coding.

“Paying the right amount of tax through PAYE – Dynamic Coding

As mentioned in Agent Update 60, we are improving the PAYE system so that more people pay the right tax at the right time. This means people may notice the change, in line with their circumstances, from 3 July onwards.

Most customers will benefit from these changes and will have no action to take.

Additional Support available

A briefing explaining the changes to the PAYE tax system that will be introduced this summer is available on GOV.UK.

We have developed YouTube videos to explain the changes found at our ‘HMRCgov.uk’ account

END OF HMRC UPDATE