BizSpace urges individuals to verify their tax codes to avoid unexpected tax bills by year-end.

BizSpace warns individuals to check their tax codes before year-end to avoid unexpected tax bills. Tax codes, found online or on pay slips, P60s, or P45s, can have errors leading to overpayment or underpayment. To correct, ensure HMRC has accurate income details via their online service or by contacting them directly. This is crucial for managing finances, especially amid the cost of living crisis, to avoid surprises and financial stress.

November 17, 2024
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