Taxation Through the Employee Lifecycle - Key Issues & Developments

Introduction

Employment law has always had a major effect on the tax position of both the employer and employee. Quite often tax departments work independently from the HR and legal team which can result in conflicting positions.

There have been recent developments in the treatment of pre-employment payments, termination payments, clawback provisions for bonuses as well as the changes to salary sacrifice which mean that many employers need to consider changing their policies in light of the new developments in both legislation and arising from recent tax cases.

This seminar seeks to bring together employment law with employment tax so that companies can seek to achieve the optimal position and avoid costly tax and employment traps.

Presented by expert speaker Jeremy Mindell, this seminar explores where employment law impacts on the taxation of an employee throughout the course of an employment. This starts with the recruitment stage and the taxation of payments that may be made pre-employment.

What You Will Learn

This course will cover the following:

• The impact of a contract agreed at the start of the employment
• The effect of clauses within bonus plans on taxation
• Secondments or changes of employment when moving overseas and how that impacts both tax and social security
• Changes to benefits packages
• Malus and clawback clauses in bonus plans and the treatment of negative earnings
• Share schemes the rights and accompanying tax obligations
• Salary sacrifice arrangements in the new tax environment
• Expenses and benefits regimes
• Termination of employment how the legal position affects tax
• Case studies exploring some of the issues outlined