“I’ve worked out that I will pay an extra £48.75 per month, have to work 7 years longer than I expected and will lose approximately £19,000 from my pension too. “I cannot afford this. I already struggle to make it to pay day at the end of the month and this all because ...
Tax is being deducted from my salary even though my annual salary is less than 12570 This could be due to the way your tax code has been applied. Your employer uses your tax code to work out how much tax to deduct from your pay. If you have the wrong tax code, you could end up ...
- find out how much Income Tax you should pay - check your company benefits - find your tax codes - claim a refund if you’ve paid too much tax - work out your take-home pay with the tax calculator - check how much Self Assessment tax you owe and make a payment ...
I retired at the end of June 2024and was overtaxed on my final pay, when I phoned they told me I would have to wait 5 weeks and 1 day before I coul get anything done. I was told to fill out a P50 and call back then. When I looked at the P50 it says that you can't use ...
HMRC are a joke, everything is hard work. I have spent 10's of hours trying to sort out why my VAT return was changed by HMRC, apparently it cant be changed yet it has been changed. Fraudulent activity from HMRC just about sums up the government as a whole. looking forward to moving...
HMRC has a handy free tool called‘Check if you can claim work-related expenses,’so you can have a quick look before you invest any time in completing a claim. How Do I Claim My Mileage Back From HMRC? There are 2 different ways to submit a claim: ...
Okay so it's a rubbish workaround but it's ok if you don't have too many employees - it works if you submit each item separately instead of selecting 'submit all outstanding' (that's what seems to crash it). After tearing my hair out all morning, I've managed to do a successful...
It is surprisingly hard to work out how to pay them or get money back. Quote Thanks Add post Share Report Bookmark JustKeepSlimming · 24/01/2023 12:17 I agree. The actual form bit is fine, but the payment part is really strange. It's difficu...
In this scenario, you open up some interesting taxation rules. Your premiums will NOT be tax-deductible as the policy fails the wholly and exclusively test yet again. Here, your business is not the one benefiting from a payout; it’ll be the lender that’s the key beneficiary. ...
Understanding the Concept of Flexible Pay Firstly, it’s helpful to figure out a working definition of flexible pay. In short, flexible pay breaks away from the traditional pay cycle, allowing… The World of Work 2025: What next? What's happening in the World of Work for 2025? Our laste...