A PAYE Settlement Agreement (PSA) enables an employer to meet the tax on certain benefits and expenses on the employee’s behalf. This can be useful to preserve the goodwill nature of a benefit. Not all benefits are suitable for inclusion within a PAYE Settlement Agreement (PSA). To qualify a benefit…
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Whenever an employee leaves your organization, there are various procedures that are mandatorily required to be followed by the employer. These include informing HMRC that the employee has left your organization and issuing a P45. What you need to do? When an employee leaves, it is important to let HMRC…
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