Because income tax comes out of the employee’s salary, employers have a large part to play in the PAYE scheme. You need to make sure that the proper amount comes out of employees’ salaries based on their individual earnings. You also need to report to HMRC and keep track of deductions...
These included publication of the findings of HMRC research with RTI pilot employers about the impact on end of year PAYE activities. RTI filing and paying HMRC with how to correct errors and the information on errors identified by HMRC during the movement of pensioners to new PAYE scheme. A ...
HMRC said it is aware that some umbrella companies operate more than one scheme, for example a standard compliant scheme and a non-compliant scheme. HMRC advises employees of theses to familiarise themselves with the guidance and to satisfy themselves that the correct amount of tax is be...
Yes, self-employed and sole traders can claim mileage expenses. HMRC acknowledges mileage expenses are a common cost in business. They offer two options to make such a claim. The flat-rate scheme simplifies the process for some. For others, the best way is to claim the actual vehicle expens...
Further to our recent correspondence, I have now received the enclosed update on the Coronavirus Job Retention Scheme: Dear Sir John, This afternoon, the Chancellor has announced some important changes to the Coronavirus Job Retention Scheme. Further details on the changes, plus updated guidance on...
Started New PAYE Job but tax code is wrong. Just take your card and the money youre paying in to your nearest Post Office branch. Shop Pay is an innovative payment solution developed by Shopify. The date written on the cheque is the first date at which the funds may be withdrawn. Many...