P45 Form Definition.

The P45 form is a document issued by an employer in the United Kingdom to an employee who is leaving their employment. The form details the employee’s taxable pay and deductions for the tax year to date. Are P45 still issued? Yes, P45s are still issued. P45s are issued to employees when they leave a … Read more

What Is a Share Draft?

A share draft is essentially a check that is drawn on the account of a credit union or cooperative. Credit unions and cooperatives are financial institutions that are owned and operated by their members. Share drafts can be used to pay for goods and services just like regular checks. The main difference is that share … Read more