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Increase in PAYE Limits

With effect from 6 April 2000, employers can pay Pay As You Earn (PAYE) and National Insurance Contributions (NIC) to the Inland Revenue quarterly rather than monthly where the average monthly payments to the Inland Revenue are less than £1,500. This limit was previously £1,000. Certain inclusions and deductions need to be made in determining the average monthly payment. The increase in the monthly limit will give thousands of small employers the opportunity to pay quarterly giving them cash flow savings opportunities.

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