Budget 2014: Employment taxes and pensions

Amanda Flint

Amanda Flint considers the relevant measures, including those on share incentives, dual employment contracts, employment intermediaries and pensions

The bulk of the Budget provisions this year had already been trailed in the Autumn Statement or earlier so there were few surprises. However there are some fundamental changes to the way that HMRC deals with selected benefits for employees not least in the share incentive arena.

Share incentives

Various increases in approved share plan limits were headlined in the Autumn Statement and take effect from 6 April 2014:

from £1 500 to £1 800 per tax year for partnership shares under share incentive plans (SIPs);
from £3 000 to £3 600 per tax year for free shares in SIPs; and
the monthly...

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Amanda Flint considers the relevant measures, including those on share incentives, dual employment contracts, employment intermediaries and pensions

Share incentives

Various increases in approved share plan limits were headlined in the Autumn Statement and take effect from 6 April 2014:

from £1 500 to £1 800 per tax year for partnership shares under share incentive plans (SIPs);
from £3 000 to £3 600 per tax year for free shares in SIPs; and
the monthly...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes: