It’s getting to that time of year again, where we reach the end of another tax year and the start of another. HMRC have just issued their advice document P9X_2016 informing us of the tax codes to use next year. Personal Allowance For 2016 to 2017 the basic Personal Allowance will be £11000 and the.. read more →
I don’t know if it is just me, but since it’s redesign I am finding information pages on the HMRC website much harder to find these days. One particular example was knowing how to change the tax codes for the start of the new financial year. So to help I will summarise here the changes.. read more →
If your total income is less than £10600 in the next tax year (2015 to 2016), you might be able to reduce the tax bill of your wife, husband or civil partner by up to £212. The new Marriage Allowance will let you transfer some of your Personal Allowance to you partner. This new allowance.. read more →
If you use the HMRC basic PAYE tools then please be aware that there is now an update available from the GOV.UK website. This new version includes updates to the automatic update facility, and needs to be downloaded and installed directly from the website. You shouldn’t attempt to download by selecting the ‘Check for updates/Check.. read more →
If you run a small company of less than 50 employees then you should have recently received a notice from the HMRC about in-year filing penalties. read more →
If you employ staff then you need to know about Auto Enrolment, but if you read the articles and advice then there are a lot of terms which you may not understand. Hopefully my top ten auto enrolment terms can help you make more sense out of what you need to know : Jobholder –.. read more →
We have just received an important notification for business users of GoCardless who use VAT Cash Accounting. The GoCardless Sage add-on has previously created all Sales Receipts with the “T9” VAT code If you do cash accounting, Sales Receipts created by GoCardless before November may therefore have the incorrect VAT code. In order to correct.. read more →
I have noticed over the last few weeks an increase in the number of fake messages which claim to come from the HMRC or Government Gateway and look at first glance quite realistic. They have a realistic return address such as noreply@hmrc.gov.uk or gateway.confirmation@gateway.gov.uk, but also have an attachment which is zipped up, which is.. read more →
Auto Enrolment. It’s the latest buzzword around payroll processing, but do you know what it is and what you as an employee or employer need to do? Basically it is the right of anyone in a job to be enrolled in a company pension scheme unless they opt out. This means that employers need to.. read more →
It is almost time for the new Real Time Information era of Payroll submissions, and as usual I am making sure I run everything in my own payroll first so that I can correctly advise my customers on how to follow the new process. There is no better way to learn than to do! So.. read more →
