Employment Tax and Reward
The successful management of employment tax obligations and reward arrangements to incentivise and retain key talent can be complex. Our employment tax and reward team take a technically minded, commercially focused, and pragmatic approach, providing advice on all employment-related tax and social security matters as well as the design and implementation of compensation and equity plans, for both domestic and internationally mobile employees. We help clients across a wide range of sectors, with extensive experience with life sciences, real estate, private equity-backed companies, and family businesses.
How We Help
We draw on our vast market experience both within our employment tax and reward team and together, we can provide advice covering the full spectrum of tax and incentivisation issues faced by employers.
Our services include employment tax assistance such as:
- Payroll health checks and due diligence
- Assisting with HMRC enquiries and “Know Your Customer” discussions
- Advising on expenses and benefits arrangements including Pay-As-You-Earn (“PAYE”) settlement agreements
- Termination payments
- Disguised remuneration considerations
- Employment status reviews and off-payroll worker reviews
We also help businesses with their internationally mobile employees, including:
- Non-resident directors
- Short-term business visitors
- Assignment planning, policies and implementation
- Foreign Income and Gains regime
In addition, we provide support to employers in creating attractive reward packages. Our services include:
- Assistance with the planning and operation of share schemes (both tax-advantaged and unapproved) and other long-term incentive plans (including assisting with tax valuations).
- Advising alternative asset managers on their carried interest and co-investment arrangements, considering tax implications, market practice and commercial considerations.
- The design and implementation of plans to incentivise key management and stakeholders, including plan implementation and employee communications, and related tax valuation and compliance activities.
