Article Database - Topic: 'Tax/NI' - Keyword: 'Benefits'

 
Are coronavirus tests a benefit in kind? Publication date: 04.12.2020
Article database » Tax/NI » Benefits
Are coronavirus tests a benefit in kind?.. On 16 November 2020 the Income Tax (Exemption of Minor Benefits) (Coronavirus) Regulations 2020 were published. They set out the tax treatment of employer-provided coronavirus tests and state that where an employee is provided with either a “viral antigen” or a “viral ribonucleic acid” - or...
More
Salary sacrifice: benefits removed Publication date: 25.01.2017
Article database » Pay and conditions » Pay
From 6 April 2017 the income tax and employers’ NI advantages that currently apply to salary sacrifice schemes will be limited, but which benefits in kind (BiKs) won’t be affected?
More
BiKs to lose tax advantages? Publication date: 09.09.2016
Article database » Pay and conditions » Benefits
If HMRC gets its way, the tax advantages for many benefits in kind (BiKs) will be scrapped from April 2017. What is it planning?
More
HMRC guidance on employee travel Publication date: 09.12.2015
Article database » Pay and conditions » Expenses
HMRC guidance on employee travel..Helpful update. HMRC has issued revised guidance on employee travel (see The next step ). Unlike some publications this one is comprehensive at 78 pages long. It covers issues such as commuting and private travel; safeguards against abuse; the employer’s reporting requirements; employees’ responsibilities, National...
More
Rewarding long-serving employees Publication date: 02.10.2015
Article database » Staff motivation » Motivation
When an employee has been with you for a number of years you might want to recognise their loyalty with a cash or non-cash benefit. Provided you stick to the rules this is fine. But what’s the tax position on long service awards?
More
Childcare vouchers: under the new scheme Publication date: 01.05.2015
Article database » News » News
In Autumn 2015 a new tax-free childcare voucher scheme is set to commence. When this happens the current scheme will remain in place but be closed to new entrants. What are the main differences with its replacement?
More
Paying for private medical tests Publication date: 05.06.2013
Article database » Sickness absence » Absenteeism
An employee requires some urgent medical tests and is currently facing a lengthy wait on the NHS. You’re prepared to pay for them to “go private” to speed things up but what’s the tax position (for both of you) if you do?
More
Virgin’s new uniform flashes a boob Publication date: 05.06.2013
Article database » Tax/NI » Tax deductions
Apparently, female staff at Virgin Trains are unhappy about their new uniforms which they claim are “too revealing”. To protect their modesty, they’ve been offered £20 “to buy a new bra”. Why might this get HMRC hot under the collar?
More
Get all P11Ds to HMRC by July 6! Publication date: 18.06.2012
Article database » Tax/NI » Payroll
Get all P11Ds to HMRC by July 6!.. Payroll matters. Once a tax year has ended, you must complete one of the following forms for each employee who has received benefits, or expenses, during the relevant tax period; either a: (1) P11D if they earn £8,500 or more p.a.; or (2) P9D if they earn less than £8,500 p.a. inclusive of any expenses and benefits...
More

Filter results

Filter your search results by resource type or topic/keyword.

Topics and keywords

        Show all (5350)
Last updated: 22.01.2021
Search
employers-advice.co.​uk

More from Indicator - FL Memo Ltd