Up to 5 April 2018, certain payments in lieu of notice were not taxable, primarily, those not contractually required to be made. This is no longer the case. Employers will now need to pay Income Tax and Class 1 National Insurance contributions (NICs) on an…
Day: 9 May 2018
Location is everything
Now that Wales and Scotland have devolved powers for taxation purposes, residents that live and work in the border areas with England have more planning options. Wales have their own stamp duty regime from April 2018, the Land Transaction Tax (LTT), and Scotland, from April…