Monday 21 October 2024
10.00 - 11.00
Redundancy programmes are becoming a sad fact of life. Getting the tax and national insurance position right is vital to ensure that there are no unexpected surprises further down the line, should HMRC decide to carry out a review of termination payments made to ex-employees. Redundancy packages can be relatively straight forward but with the PENP rules and change to NIC treatment as well as settlement becoming a feature of termination this can add additional complexity.
BDO will update us on the points to consider as well as demonstrating their termination payments calculator, which has been developed to assist employers get the tax and NIC calculations right on termination payments.
It is a user-friendly tool designed to analyse your termination payments and does not require a user to have any prior tax or NIC knowledge. It can deal with domestic and the UK element of internationally mobile employee termination scenarios and produces a report in any easy to read format that is designed to be shared with the employee receiving the termination payment.
This event will be recorded, and the recording will be uploaded to our website after the event (usually within a week). Please check the Webinars page to find the recording. This recording will be available for a minimum of 2 years, or until a time where the technical content is no longer applicable.
If you have a query regarding your booking, please contact gill@bufdg.ac.uk
Tagged : Payroll, Termination Payments, Tax, Events
Type : Training
Please contact info@bufdg.ac.uk for more information
This event is open to all BUFDG and UHR members.
