Employment Tax and Incentives

In today’s regulatory climate it is vital that employers correctly deal with the responsibilities of employing staff and engaging contractors. Penalties for getting this wrong can be both severe and time consuming.

Our advice is tailored to fit your exact requirements, however complex or simple they may be, we can help in the following areas:

  • Designing and implementing expenses and benefits policies
  • Assistance with the preparation of P11D forms and agreeing dispensations where applicable
  • PAYE and National Insurance Contributions compliance and health checks
  • Advising on employment status issues affecting the engagement of casual labour, personal service companies and self employed individuals
  • Ad hoc advice in areas such as relocation policies, rewarding employees and termination arrangements.
  • Assistance with and negotiation of settlements following HM Revenue & Customs investigations
  • Tax efficient benefits and remuneration planning

Employee Share Incentives

 We also have considerable experience in the field of employee share incentives and offer comprehensive tax and legal advice when assisting with the design, implementation and operation of the following share incentive arrangements:

  • Enterprise Management Incentives (EMI) share options
  • HM Revenue & Customs approved company share option plans (CSOP)
  •  HM Revenue & Customs approved sub-plans
  • Unapproved share option plans
  • Share Incentive Plans (SIPs)
  • Save As You Earn schemes (SAYE/Sharesave)
  • Conditional share plans
  • Long-term incentive plans (LTIPs)
  • Phantom share option scheme

To discuss how we can help you, please get in touch with a member of our Employment tax team or send us an online enquiry.

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