Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How will my employees receive their tax credit payments in the 14/42 days lead in period before my responsibility starts?

0
Posted

How will my employees receive their tax credit payments in the 14/42 days lead in period before my responsibility starts?

0

A. We will make direct payments of tax credit to your employee until you take over responsibility for paying. These initial direct payments will be made into your employee’s bank account, or by girocheque, every two weeks, covering a period of a week in arrears and a week in advance. The lead-in period, besides giving you time to set up the payroll, eases the transition for employees who are paid monthly, 4 weekly etc., where they may have previously received tax credit via a weekly order book.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123