Taxation of employee share schemes

A benefit an employer provides to an employee under a share purchase agreement is “employment income” for income tax purposes.  A benefit arises under a share purchase agreement when the amount the employee is required to pay for the shares is less than the market value of the shares. For example, if an employer were … Continue reading “Taxation of employee share schemes”

Is your payroll system calculating holiday pay correctly?

Recently there has been a lot of press around incorrect calculations of holiday pay by some government agencies and that some private sector workers could be affected too. Are you confident that your payroll is compliant with the Holidays Act? We have received a lot of enquiries from businesses on the back of this and … Continue reading “Is your payroll system calculating holiday pay correctly?”

New health and safety laws should not limit duck shooters enjoyment this season

Agribusiness health and safety specialist Melissa Vining, wants to assure duck shooting enthusiasts and farmers that the new health and safety legislation should not curtail their enjoyment this opening weekend of the season. “Farmers can rest assured that despite several changes to the legislation that came into force earlier this month, there is no danger … Continue reading “New health and safety laws should not limit duck shooters enjoyment this season”