Month: March 2013

PAYE – Real Time Information – ARE YOU READY?

The start of the new tax year will herald in significant changes to the way PAYE is administered. The big question is: Has your business been paying attention? On 6 April, HMRC will introduce ‘Real Time Information’ (RTI) meaning that businesses must send PAYE payroll information to HMRC at the same time as they pay … Continue reading “PAYE – Real Time Information – ARE YOU READY?”

2013 Budget – What does it mean for you?

Personal allowances The personal allowance for 2013–14 had already been announced at the Autumn Statement at £9,440. The Chancellor has now taken the last step in accelerating the planned rise in the personal allowance to £10,000 from April 2014. However, the increase in the personal allowance is aimed at the lower paid so higher-rate taxpayers will … Continue reading “2013 Budget – What does it mean for you?”