Relaxation of rules on self assessment for child benefit
Managing Child Benefit and High Income: the process for reclaiming high-income child benefit charge (HICBC) evolves to simplify tax obligations.
Managing Child Benefit and High Income: the process for reclaiming high-income child benefit charge (HICBC) evolves to simplify tax obligations.
HMRC’s New Data Reporting Requirements Coming in 2025-26 Tax Year. Discover what data HMRC plans to collect, including trade sectors, occupations, hours worked, and more.
A persistent bug in the PAYE system is caused by the HMRC computer creating a duplicate employment record which it then uses to demand PAYE for wages which have not been paid.
You may reward your employees with something special such as a holiday or a hamper. If the value exceeds the tax-free amount permitted under the rules for say long service awards, trivial benefits or staff suggestions it will be taxable.
Payroll matters. Find out here the changes to rates and thresholds that impact on payroll from 2022 – 2023.
Employers must send their PAYE reports to HMRC on or before the day they pay their employees.