New Tax Year: Be Prepared!
Before you know it, we’ll be knee-deep in P60s and P11Ds. With so much to do, it’s important to know the key dates for your year-end tasks.
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PAYE and Tax
We break down and simplify complex issues surrounding PAYE and tax, with useful articles on topics including P11Ds, PAYE settlement agreements, income tax and more. Learn what you need to manage them effectively and stay compliant in the process.
Deductions From Pay In The UK
Deductions from pay for items like student loans, pensions and child maintenance are common in the UK. Find out your responsibilities as an employer here.
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A Guide to PAYE for Employers | PayFit
We break down what the PAYE system is and all of your obligations as an employer when it comes to reporting and paying your deductions.
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Payroll Deadlines - Monthly Payroll Dates & 2024 Events
Here you’ll find a useful list of important payroll related deadlines to be aware of in 2024, and for each month in general.
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Christmas Payroll | A Guide To December Payroll
With December payroll on the horizon, read our guide to Christmas payday, including typical pay dates and a useful checklist for your team.
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UK Employer & Payroll Taxes + Contributions - A Guide
If you employ people, and therefore operate a payroll scheme, there are deductions you should be aware of. Read all about UK employment taxes here.
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What Is A Payroll Number & What Are They Used For?
In this post we’ll explain the concept of payroll numbers (or payroll IDs), including what they are and what they're used for by UK employers.
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Payroll Power Hour Recap | PayFit
Our new payroll power hours are the perfect place to learn more about payroll. In this session, we talk about maternity leave, payroll IDs, and underpayments.
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P11D Forms Explained | What Is A P11D?
Find out how to declare benefits, including taxable expenses and other payments you pay tax on as an employer, using a P11D form.
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VAT Registration | A Guide For Small Businesses | PayFit
In this guide we’ll answer common questions about VAT registration, including information on VAT thresholds, numbers, voluntary registration and more.
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PayFit & the End of the Tax Year
Looking for a better way to manage all those year-end payroll tasks? Find out exactly how PayFit helps with end-of-tax-year submissions.
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Guide to ERN | PAYE Numbers
A guide to the ERN, also known as the employer PAYE reference number, which is the number given to your business when you register with HMRC.
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Income Tax Brackets | A Guide To UK Income Tax
Read PayFit's comprehensive guide to income tax brackets, codes, rates, and more, designed to help businesses and employees better understand income tax.
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UK National Insurance Classes | Class 1 To 4 Explained
National Insurance can vary by employment status and across businesses. Learn all about the different UK National Insurance classes, from 1 to 4, here.
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Tax Year End | Is Your Payroll Function Fit For Purpose?
It’s essential to have a fighting fit payroll function in place ahead of tax year end. See how your business weighs up with our latest guide.
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Work-From-Home Tax Relief 2022/23 for Employers
Got employees who’ve yet to claim working-from-home expenses? They can still do so until 2025 and 2026. We cover all the latest on WFH tax relief.
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HMRC Fines | Penalties For Late Filing Of Accounts
Read our guide to common HMRC fines and how to prevent them from happening, including the late filing of accounts, VAT, PAYE and corporation tax.
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HMRC RTI Submissions Explained
RTI, or Real Time Information, is the system for transmitting tax and other deduction information to HMRC. Here’s what employers need to know.
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FPS And HMRC | Full Payment Submission
A Full Payment Submission (FPS) is one of the submissions to complete as part of RTI (real-time information). Read our handy guide to FPS here.
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EPS And HMRC | An Employer Payment Summary
An Employer Payment Summary is one of the submissions to complete as part of RTI (real-time information). Read our handy guide to EPS here.
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Tax Codes Explained | UK Tax Code Explained
Find tax codes in the UK confusing and complicated? We break down everything you need to know about tax codes for employers.
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PayFit Explains: What is a P45 Form?
PayFit breakdown the P45 form; why employees need one and when to give them out as an employer. We also cover what to do if a new employee doesn’t have one.
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What is a P60? PayFit Explains
The P60 is essential for employee record-keeping - a handy document that provides rock-solid proof of an employee's earnings.
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How Much Tax Would a Hollywood Star Pay (under PAYE)?
Ever wonder how much tax a Hollywood actor might pay? At PayFit, we’re always geeking out, so we thought we’d have a go at answering this question.
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Veteran NIC Relief in 2022: how to claim it?
Armed forces veterans make for great hires which is why the government introduced veteran NIC relief. PayFit takes you through what the NIC relief is for veterans and how to claim it in 2022.
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Health and Social Care Levy: what changes mean?
The government has announced a £12bn annual tax rise to fund England’s health and social care with a new tax: the Health and Social Care Levy. Here, we explain what these changes mean for employers and employees going forward.
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Global Mobility and tax implications
Remote working is the new normal in a post-pandemic world. Global mobility is a complex process, made more complicated when we talk about how it affects tax. In this article, we talk about how it affects tax and what the options are for employers and employees.
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PAYE forms: P45s, P60s & P11Ds
PAYE forms are as important to employers as they are to individual employees, yet very few understand what they are and, more importantly, what they are used for.
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How much tax does a Premier League footballer pay?
With a summer football feast on the cards, we thought it would be a good idea to produce a football-themed payroll article. This got us thinking. What if we wrote an article on the amount of tax footballers pay...?
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The UK tax year — is it about to change?
The Office of Tax Simplification (OTS) will undertake a "high-level exploration and analysis" of the associated implications of moving the tax year for individuals this summer. But the could the tax year really move?
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Tax and NI relief on home-office expenses extension
The temporary exemption of Income Tax and National Insurance Contributions (NICs) for home-office expenses has been extended until the end of the 2021/22 tax year.
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Monthly payroll checklist