Tax

What you need to know about the auto-enrolment reforms being introduced 1 October 2012 Are any of your employees: 22 years or older? Under state pension age? Working in Great Britain? and Earning more than the income tax personal allowance (currently...

Practical points arising from Oti-Obihara and Norman v Yellow Pages   By way of reminder, payments made to departing employees broadly fall into three categories: amounts taxable as genuine “termination payments” where, broadly,...

1. Change to PAYE on termination payments made after P45 issued (from 6 April 2011) HMRC are amending the way in which termination payments that exceed the £30,000 tax-free threshold are dealt with by an employer if paid after the P45 has been...

1. Change to PAYE on termination payments made after P45 issued (from 6 April 2011) HMRC are amending the way in which termination payments that exceed the £30,000 tax-free threshold are dealt with by an employer if paid after the P45 has been...

Following on from last month, when we considered the recent judgment of the European Court of Justice in Astra Zeneca UK Ltd v HMRC , dealing with the VAT consequences of a salary sacrifice arrangement, this month we look at the tax treatment of salary...

We intend to look at the tax treatment of salary sacrifice arrangements more generally in next month’s edition, but this month we consider the recent judgment of the European Court of Justice (“ ECJ ”) in Astra Zeneca UK Ltd v. HMRC...

The tax treatment of termination payments has once again been the subject of judicial scrutiny and whilst the decision is unlikely to have implications beyond the facts of the particular case, it highlights the risks and uncertainties for employers and...