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Few Changes, No Surprises

Gary Hull, Director of HRS Services at PricewaterhouseCoopers LLP, examines the Pre-Budget Report from an employment taxes perspective

 
Gary Hull Director of HRS Services at PricewaterhouseCoopers LLP examines the Pre-Budget Report from an employment taxes perspective
 
From an employment taxes perspective the Pre-Budget Report (PBR) did not contain any major surprises. However if one examines the details they reveal useful clarification in a number of areas.
Company Cars
 
Following the HMRC review into the taxation of employee car ownership schemes (ECOS) it was confirmed that a specific tax on ECOS will not be introduced for the time being and the present company car tax regime will remain unchanged. However HMRC has stated that...

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