Thursday, 19 February 2015

More from Sandy !

From Sandy Adirondack’s Legal Update:
Significant changes in how employee ‘benefits in kind’ and expenses will be treated for tax and national insurance start coming in from this April.
From 6th April 2015, employers will be allowed to identify and treat certain low value benefits in kind  given to their employees as trivial. From 6 April 2016, the £8,500 threshold that determines whether employees pay income tax on all of their benefits in kind will be abolished. More at http://www.sandy-a.co.uk/employment.htm#paye-benefits.

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