Tax code 0T -UK Payroll
We have an employee who earns more than £ 50,000 and we are trying his tax code source is P46.When we are trying to put the tax code as 0T,system by default changes in to BR tax code.
Is the system behaving correctly in this case..Will there be any impact on tax calculation as BR code applies 20% tax band but this employee should be charged more than 20% as hisearnings is more than 37K.
Can anyone please suggest...
Thanks in advance...