The Senate narrowly approved Trump's tax bill, which includes a provision that would make his “no tax on tips” campaign promise a reality.

The U.S. is an outlier on tips. President Donald Trump’s tax bill would allow workers to deduct them from federal taxes.

That’s because the government’s definition of taxable income doesn’t track with true economic income, and this disconnect ...

1. Register online as an employer As soon as you start hiring employees, you’ll have to register yourself as an employer with HMRC up to one month before you pay your new hires. It’s important to note ...

EMPLOYEES could be missing out on thousands of pounds every year because of simple payslip mistakes. Wage slips are something ...

MoneyMagpie Editor and financial expert Vicky Parry warns about common errors on PAYE payslips that could cost you hundreds ...

Following the announcement that pensioners who receive under £35,000 a year will now receive winter fuel allowance, HMRC has confirmed it will take back the money from those with incomes above £35,000 ...

By Hilary Stephenson, Managing Director at Nexer Digital Payslips are meant to be one of the most basic building blocks of ...

"If you're a full-time employee, your payslip will likely have the tax code 1257L. The numbers in your tax code indicate how much tax-free income you get in that tax year. The ‘L’ means you’re ...