HM Treasury consults on tax reliefs to promote indirect employee ownership | Practical Law

HM Treasury consults on tax reliefs to promote indirect employee ownership | Practical Law

As part of its response to the Nuttall review, the government has published a consultation on proposed tax reliefs, one from CGT for disposals that create an indirectly employee owned business, and another from income tax and National Insurance contributions for a certain level of bonuses paid to employees in such a business.

HM Treasury consults on tax reliefs to promote indirect employee ownership

Practical Law UK Legal Update 7-533-4245 (Approx. 3 pages)

HM Treasury consults on tax reliefs to promote indirect employee ownership

Published on 04 Jul 2013United Kingdom
As part of its response to the Nuttall review, the government has published a consultation on proposed tax reliefs, one from CGT for disposals that create an indirectly employee owned business, and another from income tax and National Insurance contributions for a certain level of bonuses paid to employees in such a business.