There are rules that businesses must follow when they are reporting employee changes. These changes must be sent to HMRC using a Full Payment Submission (FPS). The FPS is a submission that is required
Tax and working from home
Employees who are working from home may be able to claim tax relief for bills they pay that are work related.
Employers may reimburse employees for the additional household expenses incurred through
Claiming relief for work related expenses
If your employer has reimbursed you in full for any work related expenses you will obviously be unable to make a claim for tax relief for those same expenses.
But if you have only received part of
Employing staff for first time
There are a multitude of rules and regulations that you must be aware of when you start employing staff for the first time.
HMRC’s guidance sets out some important issues to be aware of when becoming
Working from home tax relief
Employees who working from home may be able to claim tax relief for some of the bills they pay that are related to your work.
Employers may reimburse employees for the additional household expenses
Childcare support from HMRC
Parents may be eligible to receive childcare support from HMRC using the Tax-Free Childcare (TFC) scheme. The TFC scheme can help parents of children aged up to 11 years old (17 for those with certain
Check if you need to pay someone through PAYE
Employers usually have to pay employees through PAYE if they earn £123 or more a week (£533 a month or £6,396 a year). There is no requirement to pay self-employed workers through PAYE.
HMRC’s
Emergency tax codes
The letters in an employee’s tax code signify their entitlement (or not) to the annual tax free personal allowance. The tax codes are updated annually and help employer’s work out how much tax to
Tax on public transport season tickets
There are certain tax rules that it is important to be aware of where you pay for the public transport costs of your employees. The provision of public transport costs include:
season tickets
Small Business - Smart Thinking - because YOUR ACCOUNTS MATTER