The Isle of Man is an independent financial jurisdiction outside of the UK. If you employ staff in the Isle of Man you must remember that employer obligations in respect of tax and National Insurance are different to those operated in the UK.
It’s not just tax rates (which are considerably lower than in the UK) but the operation and documentation of PAYE, reporting and taxation of benefits in kind, and year end processing all have unique processes for employers to follow.
National Insurance is modelled on, but is not an exact mirror of, the UK scheme and again employers need to be able to ensure compliance with local rules.
Guernsey (encompassing Alderney and Herm) is an independent financial jurisdiction outside of the UK. If you employ staff in Guernsey you must remember that employer obligations in respect of tax and social insurance are different to those operated in the UK.
It’s not just tax rates (which are considerably lower than in the UK) but the operation and documentation of PAYE, reporting and taxation of benefits in kind, and in-year reporting all have unique processes for employers to follow.
Social Insurance is completely separate from the UK scheme, being much more closely aligned to the contributory principle in terms of coverage and benefits provided. Employers need to be able to ensure compliance with local rules.
Jersey is an independent financial jurisdiction outside of the UK. If you employ staff here you must remember that employer obligations in respect of tax and social insurance are different to those operated in the UK.
It’s not just tax rates (which are considerably lower than in the UK) but the operation and documentation of PAYE, reporting and taxation of benefits in kind, and in-year reporting all have unique processes for employers to follow.
Social Insurance is completely separate from the UK scheme, being much more closely aligned to the contributory principle in terms of coverage and benefits provided. Employers need to be able to ensure compliance with local rules.
All of these topics are covered on the courses.