Legal News

Spring Budget 2020—Summary of employment tax issues

Published on: 12 March 2020
Published by: LexisPSL
  • Spring Budget 2020—Summary of employment tax issues
  • Increasing the employment allowance
  • Future developments
  • Measures pre-announced
  • Other employment taxes measures

Article summary

Employment analysis: An increase to the employment allowance from 6 April 2020, a review of the Enterprise Management Incentives (EMI) scheme, the introduction from April 2021 of a NICs holiday for employers of veterans, an extension from April 2020 of the scope of non-taxable counselling services to include related medical treatment, an increase in the flat rate income tax deduction for homeworking from 6 April 2020, and changes to the income tax treatment of expenses for voluntary office holders, also from 6 April 2020, were announced by the Chancellor of the Exchequer in his Budget on 11 March 2020 or take a trial to read the full analysis.

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