Termination of employment - minimising the tax and NIC

The termination of an employment is one of the most complex areas of taxation and one which it is very easy to get wrong, with major consequences for both the advisor and the client. It is at this time that the client needs the best possible guidance on maximising any termination payment.

Tax professionals and human resources personnel who advise on and deal with the tax and NIC issues arising on the termination of employment.

The speaker will be drawn from a pool of qualified professionals who specialise in this subject. Having worked for leading organisations they will relate the course content to real life case studies.

• what elements are likely to comprise a termination package
• the statutory scheme for termination payments and identification of how payments and benefits are classified under the scheme
• how they are treated for tax and NIC purposes
• the exceptions and the reductions post Income Tax (Earning and Pensions) Act (ITEPA)
• special areas such as foreign service
• what the courts have said
• guidance on planning and pitfalls.

The course will include a number of case studies to illustrate the tax and NIC treatment of payments and benefits that may be made on the termination of employment.

The course will start at 2.00pm and end at 5.15pm. Refreshments are provided.

3 CPD hours (where applicable)

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If you have any queries please email or phone us on +44 (0)845 026 4722.

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