As part of the Autumn Statement 2023, the government have provided the following information on the operation of Income Tax … Continue reading Income Tax 2024/2025
Income Tax 2024/2025
Category: Tax Codes
Autumn Statement set for 22nd November 2023
During the National Payroll Week, the Chancellor of the Exchequer, Jeremy Hunt, announced on 5th September 2023 that he will … Continue reading Autumn Statement set for 22nd November 2023
Legislation updates 2024 for payroll
Originally started in readiness for 2021, PAYadvice.UK are constructing its popular PAYadvice Series Legislation Update 2024 for payroll. We believe … Continue reading Legislation updates 2024 for payroll
Over 2 million new starters put on wrong tax code!
According to an HMRC promotion, they have acknowledged that over two million new employees who started a new job in … Continue reading Over 2 million new starters put on wrong tax code!
Starting a new job? Make sure your details are accurate
Providing your employer and HMRC with accurate personal information - get the right pay faster When we start a new … Continue reading Starting a new job? Make sure your details are accurate
You May be owed tax refund on your work expenses – find out today
Do you wash your uniform? Do you work from home? Do you pay membership fees or subscriptions for your job? … Continue reading You May be owed tax refund on your work expenses – find out today
PAYE account misbalance – the dreaded duplicates!
Every month HMRC creates a PAYE charge for all employers and pension providers. A "small number" contact the HMRC employer … Continue reading PAYE account misbalance – the dreaded duplicates!
Want to check your tax code?
Now we are in the new tax year, it may be a suitable time to check your tax code. Millions … Continue reading Want to check your tax code?
February 2023 Employer Bulletin
This links to edition 100 of the online Employer Bulletin. In this month’s edition of the Employer Bulletin there are … Continue reading February 2023 Employer Bulletin
One week left to file Self Assessment for the remaining 3.4 million outstanding
Millions still to file their Self Assessment tax return with one week left. With one week to go until the … Continue reading One week left to file Self Assessment for the remaining 3.4 million outstanding
Tax repayment agents to have Greater control and protection for taxpayers
HMRC to introduce legislation to change the way repayment agents are paid for their services to better protect taxpayers and … Continue reading Tax repayment agents to have Greater control and protection for taxpayers
Scottish Budget confirms tax proposals for April 2023
The Scottish Budget 2023-2024 was presented to the Scottish Parliament on Thursday 15 December 2022 some 30 minutes later than … Continue reading Scottish Budget confirms tax proposals for April 2023
Getting your tax code right!
PAYE notice of coding, also known as a P2 gives taxpayers an explanation of what their tax code is and … Continue reading Getting your tax code right!
December 2022 Employer Bulletin
HMRC have published their December 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE Your employees … Continue reading December 2022 Employer Bulletin
Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
Dear PAYadvice.UK, Following the Autumn Statement of 17 November 2022 we can confirm the following information for payroll 2023-24. Where … Continue reading Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023
Christmas workers can save time with HMRC app
New employees can use the secure HMRC app to find out their personal tax information and pass details on to … Continue reading Christmas workers can save time with HMRC app
Chancellor delivers plan for stability, growth and public services
The Chancellor has, Thursday 17th November 2022, announced the Autumn Statement, its aim to restore stability to the economy, protect … Continue reading Chancellor delivers plan for stability, growth and public services
Chancellor brings forward further Medium-Term Fiscal Plan measures
Dear PAYadvice, Please share the following message sent on behalf of the HMRC External Affairs Team. Earlier today the Chancellor of … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures
Chancellor brings forward further Medium-Term Fiscal Plan measures
The Chancellor of The Exchequer Jeremy Hunt has, Monday 17th October 2022, brought forward a number of measures from 31st … Continue reading Chancellor brings forward further Medium-Term Fiscal Plan measures
HMRC refunding Tax Credits Ltd clients
Taxpayers who have reclaimed tax payments using the repayment agent Tax Credits Ltd since December 2021 are being directly refunded by … Continue reading HMRC refunding Tax Credits Ltd clients
New Starter Checklist for PAYE available
HM Revenue and Customs have launched a New Starter Checklist as an alternative way for new employees to ensure their … Continue reading New Starter Checklist for PAYE available
New Chancellor and Secretary to the Treasury appointed
King Charles III has been pleased to approve the following appointments: Rt Hon Jeremy Hunt MP as Chancellor of the … Continue reading New Chancellor and Secretary to the Treasury appointed
Chancellor accepts request to stand aside
Friday 14th October 2022 saw one of the shortest service Chancellor of the Exchequer as Kwasi Kwarteng stands aside at … Continue reading Chancellor accepts request to stand aside
Additional Rate tax update
The Chancellor confirmed an update to plans for the Additional Rate tax on the morning of 3rd October 2022. “From … Continue reading Additional Rate tax update
Legislation updates 2023 for payroll
Following the successful Legislation update for 2021 and then 2022 for payroll by PAYadvice.UK with 20 thousand hits and downloads … Continue reading Legislation updates 2023 for payroll
Using the correct employee addresses — new starters
As part of the August 2022 employer bulletin, HMRC have emphasised the need for employers to notify the correct employee … Continue reading Using the correct employee addresses — new starters
HMRC instructs agents they can stop using late P45’s
In the HMRC agent update 96 published 19th May 2022, revised guidance has been issued in relation to the late … Continue reading HMRC instructs agents they can stop using late P45’s
April 2022 – New Tax Year resources
PAYadvice endeavours to keep you as up to date as possible with the latest and developing changes impacting payroll and … Continue reading April 2022 – New Tax Year resources
Scottish budget 2022-2023 sets out Scottish Income Tax changes
The following is extracted from the document Scottish Budget: 2022-23 issued alongside the budget delivered on 9th December 2021. The … Continue reading Scottish budget 2022-2023 sets out Scottish Income Tax changes
Legislation update 2022 for payroll
Following the successful Legislation update 2021 for payroll by PAYadvice.UK with 19,500 hits and downloads since its launch at the … Continue reading Legislation update 2022 for payroll
HMRC June 2021 Employer Bulletin
HMRC have issued the June 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer … Continue reading HMRC June 2021 Employer Bulletin
63,500 file Self Assessment on first day of tax year
More than 63,500 filed their 2020 to 2021 tax return online on 6 April 2021 and almost 950,000 online Self … Continue reading 63,500 file Self Assessment on first day of tax year
HMRC April 2021 Employer Bulletin
HMRC have issued the April 2021 Employer Bulletin, again, packed full with information. In this month’s edition of the Employer … Continue reading HMRC April 2021 Employer Bulletin
Tax year 2021/2022 tax tables published
For those who like to use the tax tables for the occasional manual calculation or problem checking and resolution, the … Continue reading Tax year 2021/2022 tax tables published
Budget 2021 – new Personal tax allowance and higher threshold frozen until April 2026
Already announced tax changes to go ahead on 6th April 2021, but to be frozen until April 2026. PAYadvice.UK Legislation … Continue reading Budget 2021 – new Personal tax allowance and higher threshold frozen until April 2026
2021/2022 New Starter Checklists available
GOV.UK have published the new adjusted HMRC ‘New Starter Checklist’. Some years ago these were referenced as P46. These have … Continue reading 2021/2022 New Starter Checklists available
February 2021 Employer Bulletin published
HMRC have published their new format web delivered Employer Bulletin. It’s absolutely packed with important information which will aid payroll … Continue reading February 2021 Employer Bulletin published
HMRC annual issue of P9 tax codes commences
HMRC have confirmed that electronic outputs of P9 tax codes to be applied for contractual payments dates from 6th April … Continue reading HMRC annual issue of P9 tax codes commences
P9X Tax Codes to use from 6th April 2021
HMRC have published (Tuesday 2nd February 2021) form P9X to be operated by employers from 6th April 2021. Employers use … Continue reading P9X Tax Codes to use from 6th April 2021