a Sift Media publication
Sift Media logo

HMRC offers funding for employee tax refunds

Posted by AccountingWEB in Tax on Tue, 05/08/2008 - 09:39

Putting through the tax code changes to adjust for the new 2008-09 personal allowance in September may leave some employers short changed when they process some employees through the payroll and consequently have to make a tax refund because of the rise in allowances.

Employers should net any refunds against other PAYE deductions in September, but some might find these insufficient to cover the refunds.

To read the rest of the article you'll need to log in below

If you've forgotten your details click here for a reminder.

If you haven't got an account, it only takes a minute to set one up,
click here to register

Create your free account

  • Access all articles in full
  • View multimedia
  • Receive email bulletins
  • Private messaging
Register now

Login

Forgotten your password?

Competition

Want to win £500 of digital photography goodies? Click here to find out how you can get your hands on some fabulous prizes.

Tell us what you think

Love it? Hate it? We want to know what you think of the new design and how we can make it even better. Post your views in our new feedback group... we can take it.

Start blogging!

Got an opinion you want to share with the rest of the community? Then login and get blogging! We're giving away a bottle of wine to the writer of the best post, every month.