Mortgage payments

By Tolley in association with Philip Rutherford
Employment_tax_img7

The following Employment Tax guidance note by Tolley in association with Philip Rutherford provides comprehensive and up to date tax information covering:

  • Mortgage payments
  • Introduction
  • Employer-provided benefit
  • Reporting requirements
  • Payment as part of relocation

Introduction

An employer may choose to pay an employee’s mortgage liability. This is generally done for one of two reasons, either:

  • to provide a benefit to the employee
  • as part of a relocation package
Employer-provided benefit

More on Financial: