by Georgi Rollings | 26th February 2012 | Accounting, Being an employer, Limited company, PAYE
The form P11D is used to provide information on expenses payments and benefits to HM Revenue & Customs. This information has to be given to HMRC by law for each employee or director earning more than £8,500 (UPDATE: this threshold has been removed from 6 April...
by Georgi Rollings | 10th December 2011 | PAYE
Do you know what your tax code is? For most people, their tax code is a meaningless string of digits. It is, however, very important, as it determines how much tax is deducted from your salary. It isn’t unusual for a tax code to be incorrect – millions...