Employment Tax UK - A Guide for Small Businesses
If you employ people, you’ll need to pay employment tax in the UK as well as make some deductions from employee earnings. Read all about it in our guide.
We break down and simplify complex issues surrounding PAYE and tax, with useful articles on topics including P11Ds, PAYE settlement agreements, income tax and more. Learn what you need to manage them effectively and stay compliant in the process.
If you employ people, you’ll need to pay employment tax in the UK as well as make some deductions from employee earnings. Read all about it in our guide.
You’ve seen the terms gross VS net payroll, but what do they both mean and how can you calculate them? This blog explores why it’s important to know.
The HM Revenue and Customs Starter Checklist is a form new employees without a P45 need to fill out. Here’s an overview.
With Euro 2024 in full swing, we thought we’d take a peek at what some of the England squad might be taking home after tax. Find out here.
Wondering what benefits in kind (BIK) are and how they work? We cover everything from why they’re important to benefit in kind tax.
In this post, we provide a breakdown of the different National Insurance contributions (NICs) for company directors, and how to calculate it.
Looking for a better way to manage all those year-end payroll tasks? Find out exactly how PayFit helps with end-of-tax-year submissions.
Before you know it, we’ll be knee-deep in P60s and P11Ds. With so much to do, it’s important to know the key dates for your year-end tasks.
Deductions from wages for items like student loans, pensions and child maintenance are common. Find out your responsibilities as a UK employer here.
We break down what the UK PAYE system is and all of your obligations as an employer when it comes to reporting and paying your deductions.
Here you’ll find a useful list of important payroll related deadlines to be aware of in 2024, and for each month in general.
Read our guide to Christmas payday, including typical pay dates and a useful checklist designed to help this busy time of year pass smoothly.
In this post we’ll explain the concept of payroll numbers (or payroll IDs), including what they are and what they're used for by UK employers.
Our new payroll power hours are the perfect place to learn more about payroll. In this session, we talk about maternity leave, payroll IDs, and underpayments.
Find out how to declare benefits, including taxable expenses and other payments you pay tax on as an employer, using a P11D form.
In this guide we’ll answer common questions about VAT registration, including information on VAT thresholds, numbers, voluntary registration and more.
A guide to the ERN, also known as the employer PAYE reference number, which is the number given to your business when you register with HMRC.
Read PayFit's guide to tax codes, brackets, rates, and more, designed to help businesses and employees better understand income tax.
National Insurance varies based on a number of different factors. Learn about different UK National Insurance classes, from class 1 NIC to 4, here.
It’s essential to have a fighting fit payroll function in place ahead of tax year end. See how your business weighs up with our latest guide.
Got employees who’ve yet to claim working-from-home expenses? They can still do so until 2025 and 2026. We cover all the latest on WFH tax relief.
Read our guide to common HMRC fines and how to prevent them from happening, including the late filing of accounts, VAT, PAYE and corporation tax.
Real Time Information (RTI) submissions are the way to transmit tax and other deduction information to HMRC. Here’s what employers need to know.
A Full Payment Submission (FPS) is one of the submissions to complete as part of RTI (real-time information). Read our handy guide to FPS here.
An Employer Payment Summary is one of the submissions to complete as part of RTI (real-time information). Read our handy guide to EPS here.
Find UK tax codes confusing and complicated? We break down everything employers need to know about UK tax codes right here.
PayFit breakdown the P45 form; why employees need one and when to give them out as an employer. We also cover what to do if a new employee doesn’t have one.
The P60 is essential for employee record-keeping - a handy document that provides rock-solid proof of an employee's earnings.
Ever wonder how much tax a Hollywood actor might pay? At PayFit, we’re always geeking out, so we thought we’d have a go at answering this question.
Armed forces veterans make for great hires which is why the government introduced veteran NIC relief. PayFit takes you through what the NIC relief is for veterans and how to claim it in 2022.
The government has announced a £12bn annual tax rise to fund England’s health and social care with a new tax: the Health and Social Care Levy. Here, we explain what these changes mean for employers and employees going forward.
Remote working is the new normal in a post-pandemic world. Global mobility is a complex process, made more complicated when we talk about how it affects tax. In this article, we talk about how it affects tax and what the options are for employers and employees.
PAYE forms are as important to employers as they are to individual employees, yet very few understand what they are and, more importantly, what they are used for.
With the Euros on the horizon, we wanted to create a football-themed payroll article, answering the question 'how much do footballers get taxed'.
The Office of Tax Simplification (OTS) will undertake a "high-level exploration and analysis" of the associated implications of moving the tax year for individuals this summer. But the could the tax year really move?
The temporary exemption of Income Tax and National Insurance Contributions (NICs) for home-office expenses has been extended until the end of the 2021/22 tax year.
Monthly payroll checklist