PTP Autumn 2022 service pack release v22.3.3
Overview
Our PTP Suite Autumn service pack release version 22.3.3 provides updates that reverse the 1.25% increase to National Insurance rate and the dividend tax rate. The service pack also resolves several issues found in previous releases.
PTP Tax Platform
Reversal of the Health and Social levy
It has recently been announced that the government will reduce National Insurance rate from 6th November 2022; in effect removing the temporary 1.25% increase for the remainder of 2022-23. As well as the increase in dividend tax rate from April 2023 being cancelled.
Due to the turbulence of the government and decisions being frequently reversed, we have made the decision to hold off making any further changes to the NIC rate, instead these will be included in the April 2023 release.
Resolved Issues
- CGT calculation incorrect if there is a loss in box 9
- CGT losses b/fwd not being utilised when there are non-res property gains in box 52.1
PTP CT Platform
Resolved Issues
- UK land and property schedules not automatically included in iXBRL
- Validation error 9462 where there is a pence value entered for PAYE
