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NICs and Employee Share Plans

Jeremy Edwards and Laura McDonald of Allen & Overy's Global Benefits Group summarise how the NICs legislation impacts on employee share plans that are not Inland Revenue approved

 
Jeremy Edwards and Laura McDonald of Allen & Overy's Global Benefits Group summarise how the NICs legislation impacts on employee share plans that are not Inland Revenue approved
 
The NIC implications have become key for companies operating employee share plans because of the liabilities to employer's NICs that may arise.
The Importance Of NICs
The impact of employer's NICs
 
For the 2003/2004 tax year employer's NICs are payable at a rate of 12.8% of the chargeable amount. As the liability to...

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