Questions from our forum 25/04/11Thursday, April 21st, 2011
Each week we receive a number of payroll questions on our forum, and here are this week’s batch. Can you help with any answers?
If we did a basic earnings assessment on one of our employees under the new legislation and determined them to be a 20% tax payer and therefore eligible for £243 CCV’s. What would happen if 3 months later the employee received a pay rise which took them into the 50% tax bracket? As an employer would we be expected to take any action on the % of tax relief given or the value of CCV’s received with tax relief?
Further questions from our forum: