How many hours...........

[pvapour]

can you work before having to declare it to the lovely Mr TAX man?

as we are about to take on an additional employee who wants (at the age of 60) to keep below this threshold.


Thanks in advance

Nik

[JamieBeeston]

its about income, not hours..

and even then It still most likely needs to be declared.

[simpo two]

I think the hours thing is with regard to benefits; eg. if you work for than 16 hours a week you can't claim for various stuff.

[agent006]

Around 4.5k for tax threshold i think.

[pvapour]

simpo two said:

I think the hours thing is with regard to benefits; eg. if you work for than 16 hours a week you can't claim for various stuff.

it's in regards to her pension, I'm sure it is time related also, I will be talking to the accountant later so will clarify.

Thanks for the information though.

Nick

[Eric Mc]

If you are a PAYE registered employer and you are taking on an employee - under PAYE rules you must account for this employee when making your returns to the Inland Revenue . If the employee is earning below the NI and tax limits IN YOUR EMPLOYMENT and his job with you is his only or main employment, you should be able to pay him without having to deduct either PAYE or NI. If this is the case, you will need to ask him to sign a form P46.

If it is NOT his only or main employment you will need to deduct PAYE from him at Basic Rate (i.e. 22%).

When you get to the end of the tax year (5 April 2005) you need to include details of employees from whom you did not deduct any tax or NI as well as the employees from whom you DID deduct tax and NI. An additional form caleed a P38A is used for this.