Half a million Self-Employed Workers Might Pay More Taxes Because of New HMRC Rules

What is PAYE Tax? PAYE (Pay As You Earn) tax is the system that HM Revenue and Customs (HMRC) uses to collect Income Tax and National Insurance Contributions from employees’ paychecks. HMRC Self-Employed Workers: A Change Impacting Taxes Over 500,000 self-employed brits could face unexpected tax bills due to a lesser-known alteration made by HMRC. […]