If any employees or directors of a company receive shares or the company operates a share plan for employees which is unapproved, the details must be (more…)

If you set up a company or organisation which is liable to pay Corporation Tax, it is important to (more…)

Tax which is paid on the profits of a limited company or an organisation like an association, charity or club is called (more…)

Statutory Sick Pay is paid to employees who are ill and are not able to (more…)

Employers have a legal responsibility to complete a number of different forms for employees at various (more…)

When you start or leave employment, or start to receive an occupational pension, it is important that HM Revenue & Customs (HMRC) knows how much income you (more…)

Students often work part-time for an employer during their holidays from school, college or university. It is possible to be able to work part-time in the holiday periods and not have income tax deducted by completing a form P38S – a student exemption form. However, real time information (RTI) will become compulsory for all (more…)

Employers sometimes reward employees with expenses or benefits in addition to their regular wage or salary. Any remuneration is liable to income tax and National Insurance which have to be deducted. There are a large number of expenses and benefits, but some of the more typical (more…)

If you are an employer and provide expenses or benefits to employees during a tax year, you will need to report the benefits and expenses payments made using either a P11D form or P9D. A P11D(b) form must also be completed to state how much Class 1A National Insurance is payable for (more…)

Dealing with your own tax affairs can be time consuming, especially if your situation is complex. The majority of taxpayers have straight forward tax affairs and may not need any help, but others may require some assistance, perhaps if they are self-employed or have complex PAYE. For HM Revenue & Customs (HMRC) to be able to (more…)