Benefits

Subscribe to Benefits RSS Feed

A Take-Away from the Quality Stores Decision

The U.S. Supreme Court’s recent decision in United States v. Quality Stores, Inc., No. 12-1408.,188 L. Ed. 2d 413, has broader implications for employers than its legal holding. On its face, the holding is that supplemental unemployment compensation benefits paid to terminated employees after a reduction in force or closing of an operation are subject … Continue Reading

Don’t forget to claim your employment allowance

As from 6 April 2014 UK employers can reduce their NICs bill by £2,000 – the so-called “employment allowance”. It is estimated that up to 1.25 million businesses and charities will benefit from employment allowance. Around 450,000 businesses and charities won’t have to pay any employer NICs at all – but only if they remember to … Continue Reading

Tax, media frenzy and legitimate tax planning (and the Bump Plan)

Readers may have been captivated by BBC1s recent Panorama programme which touched upon, amongst other things, the so-called “bump plan.” Details of this entirely legal tax strategy came to be heard in most unfortunate circumstances for a very highly regarded member of the tax profession, who has subsequently resigned his position on the GAAR panel- … Continue Reading
LexBlog