P60 Deadline – 31 May

P60 Deadline – 31 May

P60 Deadline – 31 May All employers are legally obliged to issue P60s to employees by 31 May. By that date, employers must give a P60 to all employees on payroll who were working for them on the last day of the tax year (5 April 2022). The P60 summarises the...
Payments on Account

Payments on Account

Payments on Account Payments on account are advance payments towards your tax and, where relevant, your Class 4 National Insurance bill. You may need to make them if you are self-employed or if you are a landlord. You may also need to make them if you operate your...
Budget Highlights

Budget Highlights

Budget Highlights The Chancellor presented his Autumn Budget and Spending Review on 27 October 2021. Some of the highlights are discussed below. Income tax rates and thresholds The rates and thresholds applying for 2022/23 were confirmed. Personal allowance As...