PAYE personal allowance is a bit higher than the official personal allowance (£12,579 vs £12,570) due to how tax codes work. Official Personal Allowance of £12,570 will only be effective if the individual files a tax return, which is only required if their income is above £100k. Handle this in calculations?
PAYE personal allowance is a bit higher than the official personal allowance (£12,579 vs £12,570) due to how tax codes work. Official Personal Allowance of £12,570 will only be effective if the individual files a tax return, which is only required if their income is above £100k. Handle this in calculations?