Once HMRC process your claim it might be necessary to issue you with a new tax code, meaningany refund will be addedto your wages or pension and the amount will generally be paid automatically through the payroll. This will result in a lower tax deduction or a tax refund through PAYE. Ho...
By the end of the year I would have paid £6000 which is more than I'm likely to earn if my income stays the same. How does this work please? Sian Cheer Reply Kevin_C QuickBooks Team January 29, 2023 01:08 PM I appreciate you for sharing the details of your concern...
From the employee’s perspective, the PAYE system is automated: at the end of the month, tax is deducted from their salary and the rest is individual profit. This is a very neat and tidy way for the mortgage lender to draw a conclusion about how much money the employee will be able to...