Understanding your Tax Code
Payroll InformationEvery employee will have a tax code and this determines how much tax is deducted from your pay. Your tax code is unique to you .....
Every employee will have a tax code and this determines how much tax is deducted from your pay. Your tax code is unique to you .....
When you registered to become VAT registered you will have the option to choose the Flat Rate Scheme. It is worth considering whether this is a suitable scheme for your business because their are benefits to using it in your first year of VAT registr…
Sole traders and partnerships who do not currently have a 31st March year end will see a change in their reporting period to meet HMRC new rules for reporting profits based on the tax year and not their accounting year.
If you find it difficult to pay your tax bill due in January and July each year you can choose to make regular payments throughout the year instead.
From April 2023 the minimum wage rates will rise so employers need to check that their employees are being paid at least the minimum wage rate for their age based on the number of hours they work. The new rates from April 2023 are
