Articles and information in relation to UK Payroll for business, employers and employees.
What should be one of the most simplest terms in use turns out to be one of the most complicated. Much of the confusion is a result of whose point of view! For what should have such a simple meaning, HM Revenue and Customs (HMRC) have such a different and varying use of the term. … Continue reading When NET is not what you think!
In the August 2023, the HMRC are again reminding employers on the confusing pension scheme tax relief methods along with a warning that the employer is responsible for any resulting underpayment of tax. So PAYadvice.UK goes through their detail published and attempts to clarify and explain. The bulletin states: Tax relief on employee contributions to … Continue reading Pension Tax Relief – what are HMRC on about?