Home - Payroll News
- Recent HR News
- FREE Newsletter
- Payroll and HR FAQs
- Payroll Forum
- Payroll Calendars
- Payroll Tools
- Monthly Brain Teaser
- The Authors
- About Us
- Contact us
0T Reversal
HMRC – 0T Reversal Q&A Document Published
HMRC advised at the start of the year that they were reversing their decision to tax post-termination share-related payments at BR. From April 2012, such payments after leaving will be taxed at 0T on a Week 1 / Month 1 basis. Last week, we advised that the necessary Regulations to effect this change in legislation [...]
HMRC – 0T Reversal Draft Regulations Published
In our Newsletter at the start of the year, we advised that HMRC had announced on 20 December 2011 they were reversing their decision to tax post-termination share-related payments at tax code BR. From April 2011, all other post-termination payments (i.e. after the P45 has been issued) were taxed at 0T on a non-cumulative basis. [...]
