Samuel Bromley 17/01/2023 Samuel Bromley 17/01/2023

Do you or your employees earn over £100,00.00 through PAYE

Do you or your employees earn over £100,000.00 through PAYE

If so, read below and call HMRC on 0300 200 3200 to let them know your earnings for the year. They will adjust your tax code accordingly to save any issues down the line.

Alternatively, sign into your Personal Tax AccountYour Personal Allowance goes down by £1 for every £2 that your adjusted net income is above £100,000. This means your allowance is zero if your income is £125,140 or above.

Samuel Bromley 06/01/2023 Samuel Bromley 06/01/2023

National Minimum wage Increases & New Statutory Maternity and Sick Pay Rates

The Government announced the rates of the National Living Wage (NLW) and National Minimum Wage (NMW) this comes into force from April 2023. In doing so, it has accepted in full the recommendations of the Low Pay Commission.