The savings scheme is just that, a voluntary assignment of a proportion of wages that will be reimbursed. Therefore it is not a reduction in wages!
The shoe suggestion is simply a suggestion.
HMRC has gone mad!!
Tax does have to be taxing.
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A company goes out of its way to help their employees save for an expensive time of year, and then is hit by a tax bill. Great-HMRC showing not only do they not care for their own staff, but showing they don't care for those that do
ReplyDeleteDouble standards with the shoes too-not it's not Worked at then surely it is not needed and cannot be claimed for as a business expense.
Does HMRC's right hand not know what it's left is doing?
www.independent.co.uk/news/business/comment/iceland-hmrc-minimum-wage-in-work-poverty-shoes-bureaucracy-brexit-a8707706.html
ReplyDeleteIf HMRC continues to pursue this minor matter better for Iceland to threaten to through in the towel, close its operations after moving funds offshore then leaving a large number to claim Universal Credit.
ReplyDelete