UK Business Taxes & Business Tax Advice
As an employer you will have many business tax responsibilities regarding not only company related taxes but also those regarding your employees.
One of the main UK business taxes is income tax. It is up to an employer to calculate income tax and national insurance contributions for each employee, extract the amounts from their pay and send these to the Inland Revenue. Income tax is generally deducted via the PAYE system.
There is a personal allowance rate that allows employees to earn a certain amount tax free and then various business taxation rates apply after that, which are affected by a number of things including the amount earned and the age of the employee.
Please use the links below for further business tax advice and business taxation information that may affect your business: