Sole Trader? Make sure you know which records to keep and make sure your records are up to date. HM Revenue and Customs publishes a good guide aptly named, “A general guide to keeping records for your tax return”. Download, save and refer to it regularly to make sure you are aware of your responsibilities. … Continue reading
WHEN does repayment to the Student Loans Company (SLC) kick in? For courses starting from 1998, repayments start and continue when income exceeds pre-determined thresholds. The amount deducted is 9% of gross income. This can be calculated and taken weekly, monthly or annually via the payroll department. Employees subjected to PAYE will generally get the … Continue reading