Category: BNW Accountants

Income Tax Rates & Allowances For Year 2013-14

Income Tax Rates & Allowances For Year 2013-14

INCOME TAX RATES & ALLOWANCES Every individual is liable to pay tax on the income he earns in a year through various sources. Not all income is taxable and you’re only taxed on taxable income above a certain level. There are various reliefs and allowances that can reduce your Income Tax. Various sources of an […]

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stamp duty

Real Time Information (RTI) for PAYE

Real Time Information (RTI) for PAYE Real-Time Information (RTI) improves the operation of the PAYE accountants system by creating more up-to-date taxpayer records and making the system easier for employers and HMRC to administer. Reasons for introducing RTI When PAYE was introduced almost 70 years ago, most people held just one job for most of […]

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