Pensions and Benefits in Kind

On top of their pay, you may offer your employee “perks” such as a company car, clothing allowance, relocation expenses, childcare vouchers and private health insurance, to name a few.
Some of these benefits will be taxable in the hands of the employee: that is, the employee will have to pay tax on the financial benefit of [...]

Gross Pay and Employer’s National Insurance Contributions

The cost of employing someone in your business obviously includes their basic wage or salary.  It may also include various bonuses and enhancements, such as double-time for working on a Sunday or bank holiday or an attendance allowance to discourage absence through sickness.  All of these items add up to the employee’s gross pay.
On top of the employee’s gross pay, an [...]