Crystal Blog

If you pay tax through Pay As You Earn (PAYE) as an employee or are paid a taxable UK based private pension, you may have received an Annual Coding Notice (called a P2) between January and March this year for the 2014 to 15 tax year. Your Annual Coding Notice tells you what your tax code will be […]

An HMRC guide to help you understand your tax & National Insurance obligations working for yourself as a childminder.

The government has introduced an online calculator for employers to see the effect the new Employment Allowance could have on their National Insurance Contributions bill. The Employment Allowance allows businesses and charities to reduce their Class 1 Employer National Insurance Contributions bill by up to £2000 each year. This calculator allows you to see the […]

Starter Checklist - to gather information about new employees When you take on a new employee, you must get specific information from them and report it to HM Revenue & Customs (HMRC) the first time you pay your new employee. Follow the guidance in the section 'Help and guidance relating to this form' to find […]

Key facts - who can claim The Employment Allowance is available from 6 April 2016. If you are eligible you can reduce your employer Class 1 NICs by up to £3,000 each tax year. You can claim the Employment Allowance if you are a business or charity (including Community Amateur Sports Clubs) that pays employer […]

What is P60? A P60 is a tax certificate that shows how much tax you have paid on your salary or certain benefits between 6th April to 5th April the following year. A P60 is issued if you are employed on 5th April or in receipt of taxable benefits. It is important you keep your […]

It may feel like a long time until your staging date, but there are some key things that you can do now to help you get started. Nominate a point of contact within your company If your staging date is less than 18 months away, you'll have received a letter from TPR with a unique letter […]

Workplace pensions law has changed. You must now automatically enrol certain UK workers into a qualifying workplace pension scheme and make contributions towards it. What should you do now? To guide you through getting to grips with automatic enrolment, we’ve got all the information you need. You don’t need to worry, we’ll help you get […]

This Automatic Enrolment Glossary provides a brief overview of some of the terms you’ll come across when dealing with automatic enrolment. For more detailed information, please visit The Pensions Regulator website at http://www.thepensionsregulator.gov.uk/ Other Articles Helping you with Automatic Enrolment (Workplace Pensions) Preparing for Automatic Enrolment – Workplace Pensions Automatic Enrolment (Workplace Pensions) – Communicate […]

When a company car is made available for the private use of an employee a 'benefit in kind' value is calculated in relation to the car, and the fuel if that is also provided for private use. This calculator: allows you to calculate the 'benefit in kind' value of a company car and, if appropriate […]

From October 2013 where HMRC have been contacted to set up a new PAYE employer scheme, if there has been no activity on the scheme after 120 days it will be automatically reviewed to see if it can be cancelled. A scheme will be considered as having no activity on it where • you have […]

January 2014 HMRC has issued a brief explaining what individuals and businesses should do if they cannot pay a debt to HMRC and what they can do to help. “The overwhelming majority of taxpayers — more than 90 per cent — pay their taxes in full by the due date. For the small proportion of […]