The UK tax authorities have achieved a significant victory in their battle to crack down on tax avoidance schemes involving employee remuneration. […]
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Category: Compensation and Benefits
Autumn statement 2013: Good news for employee share ownership and other welcome tax breaks
The Chancellor’s Autumn statement provides some welcome news for both employers and employees. Many of the employment tax measures reflect the government’s priorities of promoting employee share ownership, simplifying the tax system and cracking down on tax avoidance. […]
Employee shareholder status implemented from 1 September 2013
From 1 September 2013, employees will be able to receive shares in their employer tax free in exchange for giving up certain employment rights. […]
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UK Budget Statement – Free shares
The Chancellor of the Exchequer, in his Budget statement, announced further details in relation to “employee shareholders”. […]
Tax relief is due on claw back of bonus
A taxpayer wins his claim for tax relief in relation to the repayment to his employer of part of his sign-on bonus. […]
The price of justice – the new fee regime in the Employment Tribunal
The Employment Tribunal has announced the new fee regime which should come into force in the Summer of 2013. […]
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HMRC issues guidance on share-based payments made after the cessation of employment
This guidance sets out answers to frequently asked questions concerning the application of the ‘0T’ tax code to share-based payments made following the cessation of employment. […]
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Auto-enrolment update – new employer pension duties come into force
On 30 June 2012, key provisions of the Pensions Act 2008 and Pensions Act 2011 came into force requiring all UK employers to enrol eligible jobholders automatically in a pension scheme. […]
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Enterprise and Regulatory Reform Bill
The Government has tabled a Bill which is designed to implement a number of employment reforms on which it has been consulting since elected to office. […]
HMRC publishes Employment-Related Shares & Securities Bulletin
HMRC has published their first Employment-related Shares & Securities Bulletin which contains details and updates with regard to employment-related securities and tax-advantaged employee share schemes. […]
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