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Search results: 3 article(s) found in topic: Tax and VAT - keyword: Termination payments

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New HMRC guidance on notice pay


Employers and the new termination payment rules

You’re in talks with an employee about the end of their employment. You’ll be paying them off after the new tax rules for termination payments take effect. How will this affect the PAYE tax and NI will you have to account for? More...


HMRC loses termination payment tax and NI

The Upper Tribunal recently ruled in favour of Tottenham Hotspur Football Club in a dispute with HMRC over payments it made when two employees ended their contracts. Why is the decision important when drafting employment contracts? More...
Last updated: 26.05.2020

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