According to an HMRC promotion, they have acknowledged that over two million new employees who started a new job in 2022 were placed on the wrong tax code! They urge employers to obtain a P45 or a completed and correct starter checklist in time and ready to operate in the first payment of wages. Failure … Continue reading Over 2 million new starters on wrong tax code
Tag: Tax
Earlier today the Chancellor of the Exchequer, the Rt Hon Jeremy Hunt MP, brought forward a number of measures from 31 October’s Medium-Term Fiscal Plan. The measures are designed to ensure the UK’s economic stability and provide confidence in the government’s commitment to fiscal discipline.