My umbrella company Parasol - has a 'helpful' guide about expenses, only I dont think it's that helpful. They advise 'locking' payroll and to avoid being paid twice in a tax period, this is the bit which is really confusing me! what are tax periods and why or how could I avoid being paid twice? I understand that locking my payroll would maximise my tax relief by using my expenses to increase take home pay but i really am confused about tax periods as have never heard of them before. Any advice appreciated.
Thanks
Thanks
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