What your tax code means

The letters in your tax code signify your 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 deduct from an employee’s pay packet.  The basic personal...

Employing someone step by step

There are a multitude of rules and regulations that you must be aware of when you employ staff. HMRC’s guidance (entitled Employ someone: step by step) sets out some important issues to be aware of when taking on a new employee. This includes the following:...

Tax relief for job expenses

Employees who are working from home may be able to claim tax relief for bills they pay that are related to their work. Employers may reimburse employees for the additional household expenses incurred through regularly working at home. The relief covers expenses...