19 articles tagged with PAYE.
Part 3 of our Self Assessment series — how to declare employment, self-employed, dividend, rental, foreign, savings, crypto and CGT income on your UK tax return. With the boxes to fill, evidence to keep, and common errors.
Step-by-step guide to registering for Self Assessment, getting your UTR (Unique Taxpayer Reference) number, setting up your HMRC Government Gateway account and what to do if things go wrong.
If HMRC overcharged you via PAYE (wrong tax code, emergency tax, mid-year job change), you can claim back overpaid tax through P800, R40 or your Personal Tax Account. Here's exactly how
UK auto-enrolment requires 8% total pension contributions (5% you, 3% employer) on qualifying earnings £6,240-£50,270. Here's how it works, why you shouldn't opt out, and how to boost above the minimum
On a £5,000 bonus a higher-rate UK taxpayer keeps £2,900 after income tax + NI + student loan + pension. Here's why bonus tax often feels punitive, the 60% trap, and how to legally keep more
£25,000 a year after tax in 2025/26 is £21,540 net (£1,795/month). Roughly what a 40-hour National Living Wage worker earns. Full breakdown of income tax, NI, Universal Credit interaction and the marginal rate that really matters at this salary.
£35,000 a year after tax in 2025/26 is £28,966 net (£2,414/month). Full breakdown of income tax, NI, pension and student loan deductions on a £35k salary — close to the UK median full-time wage.
£45,000 a year after tax in 2025/26 is £35,966 net (£2,997/month). Full UK breakdown of income tax, NI, student loan and pension on a £45k salary — squarely inside the basic rate band but close to the higher-rate threshold.
Self-employed Class 4 National Insurance fell to 6% on profits between £12,570 and £50,270 from April 2024 and stays there for 2025/26. Here's how it works, who pays, and worked examples on real profit figures.
How the UK Cycle to Work salary sacrifice scheme saves a basic-rate taxpayer £336 and a higher-rate taxpayer £504 on a £1,200 bike — full worked example for 2025/26 including the BIK end-of-hire charge.
HMRC has sent you a new tax code on a P2 Coding Notice — here is what every line means, why your code changed, the 7 most common reasons, and how to challenge a wrong code in 2025/26.
Full rules for transferring Cash ISA to Stocks & Shares ISA in 2025/26: partial transfers, current-year vs prior-year, the 15-day deadline, and how to avoid breaking the £20,000 allowance.
From 1 April 2026 the National Living Wage rises to £12.71/hour for over-21s. Full new UK minimum wage rates, who qualifies, and the annual £1,040 pay rise for a 37.5-hour week worker.
The UK personal allowance has been frozen at £12,570 since April 2021 and stays frozen until April 2028. Here's how fiscal drag quietly takes a four-figure bite out of your take-home pay.
Missing the 31 January Self Assessment deadline triggers an instant £100 penalty even if you owe no tax — then £10/day from day 90, plus 5% surcharges at 6 and 12 months. Late payment adds 7.75% interest in 2026. Full penalty schedule.
Opting out of auto-enrolment looks like a £100/month pay rise — but the real 30-year cost is £180,000+ of lost pension wealth. Full worked examples for £30k, £45k and £60k earners.
What every line on a UK payslip actually means — gross pay, tax code, PAYE, NI, student loan, pension, taxable pay YTD, and the deductions that quietly cost you the most.
Your UK tax code tells HMRC how to tax your salary. 1257L is standard. K-codes mean negative allowance. BR taxes everything at 20%. Here's what every UK tax code means and how to fix a wrong one.
Statutory redundancy pay depends on age, length of service and weekly pay (capped at £719/week for 2025/26). Plus how enhanced contractual schemes work, the £30k tax-free rule, and what notice pay you also get.