does that mean you get more money or you lose more money. i get a end of year tax return and ive been paye for 6 yrs but still have to fill one in
they are also cracking down on Umbrella schems too - BBC News - 'Abusive tax avoidance' affects temporary workers
does that mean you get more money or you lose more money. i get a end of year tax return and ive been paye for 6 yrs but still have to fill one in
The Tax man wants to know your total earnings for any tax year.
This can include PAYE,self employed,unearned income,interest on savings or investments.
from your total income he will deduct your "personel allowance" plus all your expenses claimed,within the guidelines.
he will arrive at a nett figure and you will pay income tax at the rate set for that tax year.