Basic Rate Tax
The BR tax code is normally used where an employee has other employment or source of income in addition to employment with the University. The current rate is 20%. An employee is not liable at the higher rate of 40% tax.
It is also used if a new employee does not have a form P45 or has not signed a form P46 for the Salaries Office or has ticked statement C on the form P46 which states an employee is in receipt of a pension in addition to the University salary.
Gold Form payment claims are subject to tax deductions at Basic Rate unless the Salaries Office has received a tax form from the employee or instructed otherwise by Inland Revenue, South Wales Area.