Employment (Tax) - Makesworth Accountants

Employment (Tax)

If you employ staff you’ll need advice on tax compliance, and on ways to cut the tax bill. Here are some essential factsheets – contact us for more information.

See also  General Business Issues
  • Employment benefits

    The remuneration of many directors and employees comprises a package of salary and benefits. In this factsheet we consider some of the main benefit rules.

  • Employer supported childcare

    The tax and NIC exemption for employer-contracted childcare and employer-provided childcare vouchers has been very popular with both employers and employees alike. This factsheet outlines the exemptions available.

  • National insurance

    National Insurance contributions (NICs) are essentially a tax on earned income. The NICs regime divides income into different classes: Class 1 contributions are payable on earnings from employment, while the profits of the self-employed are liable to Class 2 and 4 contributions.

  • Payslips

    The legal requirements for payslips.

  • Travel and subsistence for Directors and employees

    Travelling and subsistence expenditure incurred by or on behalf of employees gives rise to many problems. This factsheet highlights the main areas to consider in deciding whether tax relief is available on travel and subsistence.

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