RTI Submission with Payroll Manager
A new tax year and more red tape as employers must now submit an RTI (Real Time Information) report before every payday. For weekly paid employees the first return is probably due this week read more
A new tax year and more red tape as employers must now submit an RTI (Real Time Information) report before every payday. For weekly paid employees the first return is probably due this week read more
A tax code or what HMRC call a PAYE Coding Notice is the means by which your tax free allowance is allocated to the pay for your job if you are an employee. Every month a portion of your income will not be taxed, and the rest will be taxed at the basic rate of 20% for the next £37k then 40% and 50% thereafter (for 2010/11) depending on how high your income is. Many employees and employers will be aware of the number of tax code notices issued early in 2010 and with many of these being incorrect many people are concerned as to whether this is correct. read more