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CJK Employment Taxation

Scenario A – In-bound company audited by HMRC and found not to be tax and NIC compliant. Practical advice will be needed where an in-bound company from the US has set up in the UK with a number of local hires and some secondees and HMRC has conducted a PAYE and expat audit. If it is found that the company has not set up suitable PAYE systems which are compliant in the UK and has not taken advice and dealt with their secondees in a compliant and tax efficient manner, HMRC will seek to make a recovery. CJK can manage the audit on a client’s behalf, negotiate and settle the liabilities with HMRC and conclude a favourable settlement with optimum penalties and interest. Also advising on the processes and procedures needed to ensure future efficiencies and compliance.

Scenario B – A company making redundancies to cut cost. Where a company needs to make a significant number of redundancies to urgently save costs CJK can advise on implementing a programme and help to structure arrangements to secure the £30,000 tax free limit and ensure there is no NIC payable on the payments. Also to ensure that payments over £30,000 only suffer a 20% tax withholding. We can also advise on the best way of paying for counselling and retraining costs for the redundant employee to obtain them tax and NIC free on top of the £30,000 tax free limit.

Scenario C – Review of a company’s employee car ownership scheme. Where an employee car ownership scheme (ECOS) has not been reviewed for some years CJK can usually suggest significant general cost savings and consider additional tax and NIC efficiencies and mitigate compliance costs and risks. Also look at whether the company should consider a ‘green’ car salary sacrifice car scheme or a cash allowance.

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