Nanny Shares & Tax

Employers that previously operated a NET salary agreement with an adjusted calculation for the processing of an employee with more than one job, will have to provide only GROSS salary values to be used for payroll, or accept the current tax codes in force by HMRC. This will mean that NET to GROSS calculation adjustments will no longer be accepted, where employers remain using either full tax code or BR tax codes in their respective employments. The employee can request HMRC to either apportion the tax code between the employers by calling HMRC on 0300 200 3300 or to agree a gross salary from the offset. It is important for… Read More

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