EMERGENCY BUDGET 2010

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Budget Highlights 2010

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Increase in National Minimum Wage

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Increase in limit to self correct VAT Return

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Don't forget the new Tax Return filing deadline

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Update on Registering as self employed

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Tax Tip

Tax Codes to use when completing a P46

Following recent changes to the tax codes upon increase in the personal allowance by £600.00, when you complete a P46 and select either scenario A or B, please use code tax code 603L, not tax code 543L.

You must still operate 603L on a cumulative or week 1/month 1 basis .

The tax code shown if you select scenario C is still BR.
 

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