Employers: revised date of 17 June to implement Budget changes
The Chancellor announced today that the 2002 Budget will be on 17 April. Employers and pension providers will be asked to put into effect any consequent changes to codes and tax tables on the first pay day after 17 June 2002, backdated to the start of the tax year.

As an Employer this means

• Any revised notices of coding will be issued early June. You should make any P6 PAYE code changes on the first pay day on or after 18 June 2002
• If you have been sent new tax tables for 2002-03 (either as paper or in electronic form as a CD ROM), you should use them on or after 18 June 2002
• From 18 June onwards you should apply any tax codes changed by the Budget
• The period when an employer may use a P45 dated in 2001-02 will be extended to 24 June 2002 from 24 May. (See page 20 of the Employer's Help Book (E13) which will be sent to you as part of the annual pack).
  
  The Employer's 2002 Planner we sent you in January was based on a May implementation date. You may wish to amend it.