Sep 4, 2023 | FAQ, Income Tax, PAYE, Payroll, Pensions, Vault
People making the most of flexible pension withdrawals have been facing tax overpayments due to miscalculations by HMRC. In Q2 2023 alone, the taxman repaid £56,243,842 to people who had been taxed more that they should on their pension withdrawals. This amounts to an...
Jul 31, 2023 | HMRC, Information, National Insurance, PAYE, Payroll, Tax, Vault
Archived Article NoticeThis article relates to digital access features available at the time of publication. Apple Wallet and HMRC service functionality may have changed since this article was written. Do you struggle to remember or find your National Insurance...
Jul 24, 2023 | HMRC, Income Tax, Information, PAYE, Self-Assessment, Tax, Vault
Archived Article NoticeThis article relates to Self Assessment thresholds and HMRC guidance available at the time of publication. Tax return requirements and reporting thresholds may have changed since this article was written. The threshold for people taxed...
Jul 17, 2023 | HMRC, Information, Making Tax Digital, Partnership, Sole Trader, Tax, Vault
Archived Article NoticeThis article relates to tax reporting changes and transition rules announced at the time of publication. HMRC requirements and Making Tax Digital timelines may have changed since this article was written. HMRC is changing the way sole...
Jul 10, 2023 | HMRC, Information, National Insurance, Pensions, Tax, Vault
Archived Article NoticeThis article relates to National Insurance contribution deadlines announced at the time of publication. Rules, dates and eligibility may have changed since this article was written. Anyone with an incomplete National Insurance contributions...