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The new figures follows years of criticism that the rules were "unfair, confusing, and disproportionately punitive".
Regulations surrounding pension contributions have been clarified by HMRC. The tax authority was asked on social media: "If ...
HMRC has issued a warning to thousands of workers on salary sacrifice schemes. The Labour Party government's tax arm spoke out on Twitter, now X, after a query from a taxpayer after they received ...
Salary sacrifice enables you to exchange part of your salary for ... private health insurance – they may be recorded on your P11D form. This is submitted to HMRC by your employer each tax year. You ...
Having early conversations with payroll providers and software suppliers is important to get ahead of the curve on P11D changes, says ...
Currently, employers, including those offering salary sacrifice car schemes, either use manual P46/P11Ds forms to report to HMRC or already carry out payrolling the benefit via real-time information ...
HMRC has clarified the regulations surrounding pension contributions in response to a public query. The tax body was asked over social media: "If salary sacrifice would take me below NMW [National ...
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