• Black LinkedIn Icon
  • Facebook - Black Circle
  • Black Twitter Icon

Copyright © 2019 BarrCo Limited.

 

All rights reserved. BarrCo Solicitors is the trading name of BarrCo Limited.

Authorised and Regulated by the Solicitors Regulation Authority: 551420 :

Registered Company in England and Wales: 7346373

Taxation of Termination Payments

March 28, 2019

 The Government has delayed its requirement for employers to deduct employer NICs on all payments above the £30,000 tax threshold for non-contractual payments.  Only income tax will continue to be deducted.

 

Initially this was due to be implemented in 2018 but this has now been delayed through 2019 and is now not due to take effect until April 2020.

 

Please contact us if you wish to discuss this further.

Please reload

Featured Posts

I'm busy working on my blog posts. Watch this space!

Please reload

Recent Posts
Please reload