With an increased focus by HMRC on payroll compliance, it is more important than ever that employers understand their PAYE and NIC payment and reporting obligations.
We can help with your day to day employment tax queries to ensure that you comply with the relevant legislation and minimise the risk of HMRC challenge including:
- structuring termination payments (including large scale redundancies) in a tax efficient way
- advising on employment status including personal service companies; managed service companies and, where you supply workers to an unconnected third party, the intermediaries legislation
- advising on trust-based benefits offered to employees, such as medical benefit trusts (also known as corporate healthcare trusts)
- advising on benefits in kind and expenses including salary sacrifice and flexible benefit arrangements and beneficial loans and
- assisting with HMRC PAYE and NIC audits
HMRC publishes guidance on new PILON tax rules but uncertainty remains12 April 2018
HM Revenue & Customs has published guidance on the new rules that require income tax and national insurance contributions (NICs) to be paid on all payments in lieu of notice (“PILONS”) with effect from 6 April 2018.
Lucy Lewis writes for Employee Benefits: Is shared parental leave as effective as it could be?04 April 2018
In an article for Employee Benefits, Lucy Lewis discusses shared parental leave and how gender pay gap reporting could improve employer's commitment to re-balance family life.
Frequently asked questions on termination payments27 March 2018
Our FAQs Inbrief looks at some of the common tax questions that arise on termination of employment.
Update on the new tax rules for payments in lieu of notice16 February 2018
New tax rules will mean that income tax and national insurance contributions (“NICs”) must be paid on all payments in lieu of notice (“PILONs”) with effect from 6 April 2018.
Tax rules for employment intermediaries - what this means for agencies and employment businesses08 February 2018
Anti-avoidance measures came into effect on 6 April 2014 in response to the increasing number of businesses using employment intermediaries to disguise employees or workers as self-employed, primarily to avoid paying employer’s National Insurance Contributions (NIC).
Making a termination payment after 5 April 2018? Read this!07 February 2018
Income tax and national insurance contributions (“NICs”) must be paid on all payments in lieu of notice (“PILONs”) with effect from 6 April 2018.
Using individuals via a services company: tax considerations19 January 2018
The labour market has become more complex in recent years, with many individuals choosing to go into business on their own account and sell their services to clients either directly, as a sole trader, or through a variety of intermediaries, such as partnerships or services companies.
Tax treatment of termination payments – draft legislation published20 December 2016
Over the past couple of years, the Government has been consulting on proposals to make a number of changes to the tax and national insurance (“NI”) treatment of termination payments.