Employment Tax
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
Related items
IR35 – What is changing and what you need to do
17 June 2019The government is committed to cracking down on “disguised employment”. In order to achieve that, the IR35 rules are changing in April 2020. If you engage contractors (or “off-payroll workers”) whether directly or through an agency who are providing their labour through an intermediary such as a personal services company (PSC) (that is a company owned and controlled by the contractor) you need to make changes well ahead of April 2020.
Frequently asked questions on termination payments
25 April 2019Our FAQs Inbrief looks at some of the common tax questions that arise on termination of employment.
Employer NICs on termination payments delayed again
01 November 2018The Government’s plan to make termination payments in excess of £30,000 subject to employer national insurance contributions (“NICs”) has been delayed for a second time and will now take effect from April 2020.
Private sector needs to operate new IR35 rules for contractors from April 2020
30 October 2018The Chancellor has confirmed that with effect from 6 April 2020 businesses in the private sector which engage contractors - individuals who supply their services via their own company or partnership (“Intermediary”) - will be responsible for determining whether the IR35 rules apply. If the business considers that IR35 applies, the person paying the Intermediary will be responsible for operating PAYE and NICs on the fees it pays to the Intermediary.
Michael Burd comments for Bloomberg: Labour's staff share plan may not be as generous as it seems
25 September 2018In an article for Bloomberg, Michael Burd discusses a Labour proposal to force companies to hand 10 percent of their equity to workers and how this could lead to a super tax on companies dividends.
New IR35 rules coming to the private sector soon
05 June 2018The Government has launched a consultation to tackle non-compliance with the IR35 regime in the private sector.
EU Social Security Rules
08 May 2018If you have employees who are sent on secondment to work in other countries and/or employees who work in two or more countries simultaneously, you need to ensure that you and your employees are complying with your social security contributions obligations.
HMRC publishes guidance on new PILON tax rules but uncertainty remains
12 April 2018HM 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.