ICAS responds to employment tax consultations
ICAS has submitted its views in relation to three consultation documents regarding employee taxation.
- Employee benefits and expenses: abolition of the £8,500 threshold for lower paid employment and form P9D (view submission)
- Employee benefits and expenses: trivial benefits exemption (view submission)
- Employee benefits and expenses: real time collection of tax on benefits in kind and expenses through voluntary payrolling (view submission)
In each case, ICAS has said that the recommendations of the Office of Tax Simplification (OTS) are warmly welcomed and ICAS agrees with the OTS recommendations to simplify these aspects of employee benefits and expenses.
The responses can be found in the Tax section of the ICAS Technical Knowledge Center.