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Importance of Tax Code

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Every person who pay’s tax has a tax code. Every person who is paid under the scheme of PAYE (Pay-as-You-Earn) is issued a tax code by the HMRC (HM Revenue and Customs). The tax code depends on the information that is provided by the tax payer to the HMRC. The tax code is a type of number that is followed by letter or a letter followed by the number. Continue reading…


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