Employee Benefits

JANUARY 24, 2024

Crypto currency is subject to income tax when an employee receives it but could also incur a capital gains tax charge if they hold it for more than 30 days. The growth of digital and micro payments over the next 10 years could see crypto currency become more common in pay strategies, especially for incentive schemes and global payroll.

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Global Payroll Employment Taxes Pension 105

Employee Benefits

MARCH 15, 2024

The scheme, which is offered in partnership with WorkPlace Nursery, will enable employees to pay for nursery fees through a deduction from their gross pay, which will save on tax and national insurance contributions (NICs). There is a minimum requirement for nursery fees to be at least £650 per month before participation in the scheme.

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Salary Gross Pay Global Payroll Pension 59

Hppy

APRIL 27, 2023

Challenges for Businesses Legal and tax implications The biggest headache when hiring overseas is compliance with local laws. Taxation issues and pension complications If the employee is given the nod to work in a country, they have to pay the tax that they owe.

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Pension Global Payroll Payroll Service Payroll 36

LACE Partners

DECEMBER 16, 2022

In this week’s blog LACE Partners consultant Alex Oliver summarises what innovations in payroll 2022 has seen for key industry players. Just as it started to feel like things were on the way back to normal, businesses are once again navigating choppy waters as global economic shocks slow the tentative post-pandemic recovery.

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Payroll Global Payroll Pension Engineering 81