Keeping up to date with the changes in tax law has placed a growing burden on employers and it is easy to underestimate the impact that PAYE and NIC can have on profitability or cash flow. Employers face ever more complex challenges as they seek to attract, motivate and retain the best talent, while balancing the growing risks and costs of employment.
An organisation may reward its employees not just by paying a wage or salary, but also by providing benefits-in-kind, such as a car or medical insurance. Each of these elements of the employee remuneration package has its own tax issues, compliance obligations as well as planning opportunities to consider.
The RSM Tenon employer solutions team offers practical, commercial solutions to help the employer successfully negotiate the complexities of tax whilst also considering HR policies and employment law.
We have a team of highly experienced employment tax professionals. Our team can assist you in reducing the burden of PAYE and NIC compliance, and in planning tax-efficient remuneration packages for your employees.
RSM Tenon Employer Solutions can: