The Autumn Statement and the effect on small businesses
The government has announced a cut to the main rate of Class 1 employee NICs from 12% to 10% from 6th January 2024 and a cut to the main rate of Class 4 self-employed NICs from 9% to 8% from 6th April 2024. It has also announced that no one will be required to pay […]
Do you understand your payslip?
The payslip issued by your employer (you do get a payslip, don’t you?) is likely to contain incomprehensible terminology and acronyms or may just be downright confusing. If you have been afraid to ask questions about your payslip, or if you are just curious and want to find out more, the Chartered Institute of Payroll […]
Have you been notified of a PAYE refund and ability to claim online?
HMRC have started reconciling 2022/23 tax positions and in some cases, letters are being issuing stating a tax refund is due which can be claimed online www.gov.uk/p800refund. A personal tax account is required to be able to reclaim the tax. If you do not have a personal tax account with HMRC please ask us and […]
