Payroll
Benefits and expenses
August 23, 2023Reporting benefits and expenses HMRC has made it clear that employers must submit their reports of benefits and expenses provided to employees (P11D forms) in electronic form this year. All paper P11Ds will be rejected, as will any paper amendments to P11Ds for earlier years. There are now only two options open when reporting benefits
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Payroll Hygiene
June 18, 2023The HMRC computer can be confused by incorrect information in PAYE returns, which may then result in a demand for more tax than you have deducted from your employees. This may happen when the HMRC computer records a duplicate employment for an employee, without ceasing the previous employment. For example, you take on William Smith
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Dealing with PAYE K codes
March 15, 2023A PAYE K code reduces your personal allowance to zero and adds a notional amount of income on to your salary to be taxed. The imposition of a K code will result in a significant amount of tax being deducted from your earnings. HMRC will impose a K code to collect existing tax debts, tax
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National Minimum Wage: Common traps
October 13, 2021National Minimum Wage: Common traps The top three mistakes made by employers concerning the National Minimum Wage (NMW) rates are: 1. Making deductions from wages (such as uniform or expenses) which take the pay below the NMW rate; 2. Failing to pay workers for all the time they work, including overtime; 3. Paying the
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