Employment Tax Guidance
IntroductionCompany cars are one of the most common taxable benefits. In addition, they have quite a number of complex rules and...
IntroductionEmployers may provide living accommodation to their employees by way of their employment. There is specific tax...
Termination payments are payments made to an individual relating to the loss of their job. They can take the form of cash or...
IntroductionThe employment allowance is available to most employers, reducing their liability to secondary Class 1 National Insurance contributions (NICs). It is a flat...
There are three classes of NIC relevant to employment income: Class 1, Class 1A and Class 1B.Class 1 NICA primary Class 1 liability arises on employees unless they...
BackgroundUntil 11 May 1977 a married woman or a widow could elect not to pay full rate National Insurance contributions (NIC) and, instead pay a small contribution which...
Although it does not happen too often, there can be cases where an individual treated as an employed earner is actually self-employed, but there is a greater number of...
BackgroundWhen applying the usual status tests to individuals, the tax and NIC position will generally be the same. However, there are certain individuals who, because of...
Employed or self-employed?As is the case with income tax, it is not a matter of choice whether an individual is employed or self-employed for NIC purposes. The...
IntroductionShare Incentive Plans (SIPs), originally known as ‘All Employee Share Ownership Plans’, were introduced at the same time as EMI. Since their introduction, the...
When security deposits for PAYE and CIS are usedHMRC is able to ask employers for a security where there is a serious risk that they will not be able to pay over their...
Under the Taxes Management Act 1970, an individual is under a general legal obligation to inform HMRC of changes in their personal circumstances that may affect their tax...
PAYE is an acronym for Pay As You Earn. Despite this label, the employee ('you' in the title) has little involvement in the PAYE process, other than suffering the income...
IntroductionThe employment allowance is available to most employers, reducing their liability to secondary Class 1 National Insurance contributions (NICs). It is a flat...
There are three classes of NIC relevant to employment income: Class 1, Class 1A and Class 1B.Class 1 NICA primary Class 1 liability arises on employees unless they...
BackgroundUntil 11 May 1977 a married woman or a widow could elect not to pay full rate National Insurance contributions (NIC) and, instead pay a small contribution which...
Although it does not happen too often, there can be cases where an individual treated as an employed earner is actually self-employed, but there is a greater number of...
BackgroundWhen applying the usual status tests to individuals, the tax and NIC position will generally be the same. However, there are certain individuals who, because of...
Employed or self-employed?As is the case with income tax, it is not a matter of choice whether an individual is employed or self-employed for NIC purposes. The...
IntroductionShare Incentive Plans (SIPs), originally known as ‘All Employee Share Ownership Plans’, were introduced at the same time as EMI. Since their introduction, the...
When security deposits for PAYE and CIS are usedHMRC is able to ask employers for a security where there is a serious risk that they will not be able to pay over their...
Under the Taxes Management Act 1970, an individual is under a general legal obligation to inform HMRC of changes in their personal circumstances that may affect their tax...
PAYE is an acronym for Pay As You Earn. Despite this label, the employee ('you' in the title) has little involvement in the PAYE process, other than suffering the income...
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