GOLDWYNS | Tax, Tips and News

Marginal Tax Rates

What rate of tax would you pay on an additional £1 of earnings? If your annual income is between £41,865 and £150,000 you may think the tax rate would be 40%, but the peculiarities of the UK tax system mean you could pay much more. Read More...

Real Time Information (RTI) Interest

In the past some employers would play the PAYE system, holding on to the PAYE deductions until the last payment date of the year, and then paying the balance due before interest was charged. Read More...

VAT and Discounts

Do you offer prompt payment discounts to your customers - known as PPDs? Read More...

Auto-enrolment

Auto-enrolment is the term for the law that requires all employers to register their employees into a qualifying workplace pension scheme. Read More...

June Questions and Answers

Q. My father resigned as a director of our family business in March, and started to draw his pension, but he retained 15% of the shares in the company. It seems likely that company will be sold later this year. Read More...

June Key Tax Dates

19/22 - PAYE/NIC and CIS deductions due for month to 5/6/2014 Read More...

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