It is always important that you are compliant with payroll legislation, but particularly so as an old tax year ends and a new one begins. This is because most legislation changes are timed to take place at the start of the new tax year, which means a lot of work for payroll teams between now … Read more
Receiving a payslip is great, because it means money is on its way into your bank account! However, beyond looking at the total amount they’ve received, many people don’t know what the other terms and figures on their payslip mean. Payroll Junction is here to help with our guide to understanding your payslip! Words … Read more
Tax codes are used by HMRC to tell an employer how much income tax to withhold through the “Pay as you earn” (PAYE) system. A person’s tax code can change from time to time, based on their personal circumstances. If it does, HMRC will inform the taxpayers of their new tax code by post or … Read more