NICs Joint Elections - HMRC clarification of approval requirements
Written by Ian Congreave - Filed under: Class 1 NICs on November 24th, 2008 | No Comments »
Employers and their employees may enter into Agreements or Joint Elections in order to allow an employee, in anticipation of NICs liabilities arising on share option gains, to agree to meet the employer’s Class 1 NICs liabilities. The Joint Election approach involves a document that legally transfers the liabilities to the employer but only if it has HMRC approval.
Posted November 24th, 2008 | No Comments »
