I've been running my own limited company for 3 years and have decided to do the accounting myself now with QuickBooks. We're 9 months into the year so I've started by entering the employee pay details to date. However, about 6 months ago, my tax code was changed from 1009L to 1215L.
My question is: Does QuickBooks need to know about this to calculate my payments correctly and if so, how do I tell it? I can see that by using 1215L for the whole year, QuickBooks is calculating roughly a £100 lower E'ee NI deduction this month than for previous months.
