|“We have been extremely pleased with the service you have given us over the years and consider it to have been excellent value for money.”
Mrs C A – Whitchurch
|Benefits in kind|
Benefits in kind are sometimes provided by the employer in addition to the employee's salary. They are often taxable benefits and must be reported annually as part of employee's gross earnings.
Who pays the tax?
In addition to tax there may also be a Class 1A NI charge of 12.8% of the value of the benefit to be paid - the employer always pays this charge.
Examples of taxable benefits
NB: Please note that this list is not exhaustive.
Mobile phones are not considered a taxable benefit
Use of Car
Please note that the information and examples contained on this page are to be used as guidelines only. If you have specific questions please contact Stafftax.
|My employee is pregnant - what do I do?|
If your employee becomes pregnant you have a duty to administer SMP on her behalf. Stafftax will ensure that things run as smoothly as possible and we'll claim the maternity pay for you in advance to make sure you're not unnecessarily out of pocket.
|A step-by-step guide to make sure your employee can work in the UK|
When you consider employing someone you must carry out basic document checks to ensure the person is entitled to work in the UK. Nannytax has put together a guide to help you with this process.