Accountant | Tax Specialist | Dreamy Entrepreneur | Blogger
Phoenix has written 122 posts for Phoenix Debola

Paying PAYE

Payroll-related payments to HMRC must be made by 22nd of the month following the month in which the return is processed. Payments can be made online via HMRC’s website or through your bank. When the latter happens, you may need to quote a reference that lets HMRC know who or what the payment is from. … Continue reading

Minimum Wage Increases

Effective 01 April 2022, the National Living Wage (NLW) increased on Friday 1 April by 6.6 per cent to £9.50, providing a pay rise to millions of low-paid workers across the UK. The minimum per hour wage for those aged: 21 to 22 increased to £9.18 18 to 20 increased to £6.83 under 18 and … Continue reading

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