This course is suitable for all levels of taxation practitioners who practice in employment and personal taxation.
This course reviews the range of tax effective remuneration which is still available for employers to use.
Despite, and partly because, of the actions of successive Chancellors there remain substantial opportunities to increase the net value to employees of their compensation package whilst reducing costs to the employer.
The topics covered will include:-
- Tax efficient share schemes which includes an overview of CSOP, SIP, SAYE, EMI and Shares for Rights
- Salary sacrifice-it’s use and abuses
- Provision of pension
- Company cars on the cheap
- Tax deductible expenses
- Tax efficient benefits
The course will also look at the potential effect of the changes to employee taxation arising from the recommendations of the Office for Tax Simplification.
The course will also look at the environment for tax efficient deferrals of remuneration.
Finally National Insurance will be examined. In particular the differences between the tax and NI system which create both traps and opportunities.