PAYE

How to Escape PAYE Penalties

Posted by on April 6, 2012 at 10:30 am

The general rule is that if you miss the PAYE deadline of the HMRC or break one of many established rules where a penalty applies HMRC will let you know immediately the penalty applicable. However, the new PAYE late payment penalties are somewhat different from the other penalties.

Getting the Correct Tax Code

Posted by on March 23, 2012 at 10:30 am

The last two years has been a difficult time for the HMRC’s National Insurance and PAYE Service. Soon after its launch vast numbers of incorrect tax code numbers were sent out and it automatically issued thousands of demands for tax that people had no idea. After being stung by criticism, HMRC has become more proactive […]

The Tax Advantages of Fixed Expenses Payments

Posted by on February 24, 2012 at 10:31 am

Reimbursing expenses to your employees the cost of their business travel etc. is tax and NI free. But is there a possibility of paying a fixed-rate allowance instead to make them better off.