Guidance on applying NICs to employee benefits

EMPLOYEE BENEFITS

Guidance on applying NICs to employee benefits

Far-reaching changes to the tax regime governing employee benefits came into force in April 2000. Class 1A national insurance contributions, previously paid by employers only on the provision of company cars and fuel for private use, were extended to almost all benefits in kind. A recent edition of People Management magazine offers some insights into the often complex rules for the payment of NICs.

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Title: How to apply NICs to employee benefits, by Ian Congreave, People Management, 8 February 2001.

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