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Tax and National Insurance for Employee Benefits

Tax And National Insurance For Employee Benefits
 
 

Tax is quite complicated enough, add a few employee benefits and it becomes a web of confusion. The table below will help explain our current understanding of the Tax and National Insurance Contributions (NIC) regulations for a wide range of employee benefits:

The information provided is based upon research online. Hooray Health & Protection are not tax consultants and this document should not be constituted as advice. In the event of any query, you may wish to seek advice from an accountant.

 

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