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
Finance Act 2020 widens the scope of IR35
19 August 2020Despite further attempts at delay, the final version of the notorious private sector IR35 rules are now enshrined in the Finance Act 2020, which received Royal Assent on 22 July 2020.
IR35 reforms from April 2021
19 August 2020The proposed IR35 reforms for the private sector, now planned to take effect from April 2021, represent the biggest change to employment tax for decades.
Frequently asked questions on termination payments
11 May 2020Our FAQs Inbrief looks at some of the common tax questions that arise on termination of employment.
Réforme de l’IR35 à compter d’avril 2021
26 March 2020La réforme proposée de l’IR35 représente le plus grand changement apporté à la taxe à l’emploi depuis des décennies.
Employer National Insurance Contributions charge on termination payments from April 2020
23 March 2020The new employer’s national insurance charge on termination payments over £30,000 comes into effect from 6 April 2020.
Employer NIC charge on termination payments from April 2020
20 March 2020The new employer’s national insurance charge on termination payments over £30,000 comes into effect from 6 April 2020.
IR35 reforms to be postponed due to coronavirus
18 March 2020The government has announced that the planned reforms to IR35 will now take effect on 6 April 2021.
The new IR35 regime: are you ready for April?
27 February 2020Under the new IR35 regime, all businesses in the private sector who engage contractors will have to bear the risk of PAYE and NICs. This change happens in April – will you be ready with a month to go?