We will soon start to see the effects of HMRC’s Making Tax Digital project on the PAYE system. Over the coming tax year, there will be an increase in the number of tax codes being issued. Hopefully, the changes will be good for employees… but only time will tell.
Self-employed individuals will receive a state pension through the new ‘flat rate’ scheme. In recent years, there have been several changes to the eligibility criteria, so now may be a good time to check what you’re entitled to.