PAYE Tag

IR35 was a piece of legislation brought in by HMRC 12 years ago in an attempt to tackle tax and National Insurance avoidance schemes through the use of intermediaries such as partnerships or companies.  HMRC’s view was that a large number of IT Consultants, Engineers,...

From the 7th January 2013 The Government will introduce the new High income child benefit tax charge (HICBC).  The Government’s plans will means test child benefit, taking it away from tax payers earning over £60K and tapering it where income lies between £50-60K.  Child benefit...

What is Real Time Information (RTI)? RTI is a new system that's being introduced by HMRC to improve the operation of Pay as You Earn (PAYE). PAYE information will be collected more regularly, easily and efficiently when employers submit their regular payroll submissions. It is anticipated...