This is purely hypothetical!
So I have a person, I pay them £10 a month for the 1 hour's work they do me. I would assume no PAYE scheme is needed as, frankly, no tax, no NIC. But if I up their hours, at what point do I need a PAYE scheme? When they hit the first NIC threshold?
As a side query, I up their pay to £30 a month, but I find out they have a large recurring taxable but untaxed source of income (a state pension say, for some reason it is £20,000) which makes their total income over the PA (but their pay under all the thresholds). Is a PAYE scheme needed given tax should be being deducted from the employment?
I hope I haven't strayed too far from reality that my question is too complex, all I really want to know is, what triggers the need for a payroll? HMRC seem intent on bombarding me with how to do it online, but not whether it needs doing in the first place.
- Disbursement of recharge 385 3
- When to tick the estimated figures on ct600 29 1
- FHLs and Entrepreneurs Relief 307 9
- Mortgage Reference 907 16
- Payroll manager and the cloud 310 1
- CIMA CBA or AAT 113 4
- Rental of property in New Zealand 168 1
- VAT joint margin scheme arrangement 147 1
- RTI offline? 620 2
- Can a company claim R&D relief under both the SME and large company schemes? 176 1
- CIS and Xero 279 1
- AMAP on borrowed car?? 271 7
- Retrospective VAT Query 190 2
- property capital gains 413 4
- Chargeable Event - life insurance bond written in trust 164 2
- Client gets a penalty and being threatening! 951 9
- Tips on meals 573 5
- Private doctors - Ltd company vs partnership 1,355 15
- S.455 Tax again 456 9
- Overdrawn directors loans and insolvent winding up 249 3