Self Assessment

BIZORB'S PICK Keeping Your Pay And Tax Records

Keeping Your Pay And Tax Records

Keeping Your Pay And Tax Records 3.00/5 (60.00%) 1 vote
Wednesday 17th April 2019

Overview You need to keep records if you have to send HM Revenue & Customs (HMRC) a Self Assessment tax return. You’ll need your records to fill in your tax return correctly. If HMRC checks your tax return, they may ask ... Read More »

Tax On Company Benefits

Tax On Company Benefits 2.50/5 (50.00%) 2 votes
Wednesday 17th April 2019
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Overview As an employee, you pay tax on company benefits like cars, accommodation and loans. The amount of tax you pay depends on the value of the benefits that you get. Your employer takes the tax you owe from your wages. You’ll always pay tax on benefits from your job if: You’re a company director ... Read More »

PAYE Forms: P45, P46, P60, P11d

PAYE Forms: P45, P46, P60, P11d 2.50/5 (50.00%) 2 votes
Wednesday 17th April 2019
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P45 and P46 You’ll get a P45 from your employer when you stop working for them. Your P45 shows how much tax you’ve paid on your salary so far in the tax year (6 April to 5 April). A P45 has 4 parts (Part 1, Part 1A, Part 2 and Part 3). Your employer sends ... Read More »

Understanding Your Pay

Understanding Your Pay 4.00/5 (80.00%) 1 vote
Wednesday 17th April 2019
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Overview When you start work, your employer should tell you how much you’ll be paid and how often. They should also tell you: The day or date you’ll be paid, eg each Friday or the last day of the month How you’ll be paid, eg cash, cheque or bank transfer If you’re an employee (not ... Read More »