Our GES practice is a multi-disciplinary offering which advises organisations in their capacity as employers in the area of domestic and international tax, compensation and benefits and strategic reward planning. We provide our clients with integrated solutions and in-depth technical expertise in order to mitigate risk exposure, overall cost and to manage compliance obligations.
Our team in Wales provides the core range of GES services encompassing planning and compliance for both UK-based employees and employees on international assignment either in to or out of the UK.
Tax Compliance & Reporting
The GES team manages the varying tax compliance and reporting obligations for both the employer and the employee. From the employer perspective, we will work with companies to ensure full employer compliance, including PAYE and National Insurance withholding and reporting compliance, liaising with HMRC with respect to audits, PAYE reviews, Form 42 reporting, the implementation of dispensations to reduce the employer obligations and PAYE settlement agreements. Our GES team contains a specialist international assignment team that will also work with both the employer and the employee in order to manage the added complexities created by the internationally mobile workforce, including tax return preparation, modified PAYE and NIC scheme operation and year-end reporting obligations and cost management.
Salary Sacrifice Arrangements
With cost reduction being high on the agenda, our GES team is working with many employers (from small to large) to implement various salary sacrifice arrangements. The implementation of effective salary sacrifice schemes provides a substantial cost-saving tool for employers as well as providing the employee with increased net remuneration. A key part of an effective salary sacrifice is HMRC clearance. Our team has extensive experience of obtaining such agreement.
International Movements of Employees
With ever-increasing numbers of companies employing an internationally mobile workforce, our team of international assignment specialists is able to advise on a number of issues facing the employer ranging from the design and review of international policies and assignment compensation structuring, through to home and host country employer and employee compliance. Our team will be able to provide a bespoke offering that will enable companies to effectively manage the movement of staff across borders, while mitigating the associated cost and compliance risks.
Short-term Business Visitors
The risk of host country withholding and reporting obligations is fast becoming one of the major areas of risk identified by tax authorities. Accordingly, we have local specialists that work with many companies to identify and track cross-border workers, advise companies on the associated risk exposure and identify the appropriate host country reporting relaxations that may be in place to protect such individuals from unnecessary reporting and withholding obligations.
Our team also works with many companies in relation to the design and implementation of all types of equity and cash incentive plans. We have considerable experience of working with large and small organisations in this arena including assisting UK employer’s operating overseas’ parent incentive plans in the UK. In this regard we regularly assist organisations in dealing with their tax and social security obligations (including cross-border issues) as well as those seeking to achieve income tax, NI and corporation tax savings.
As well as designing these plans our expertise includes advising clients on the associated reporting and withholding obligations and we have assisted many organisations in putting in place internal mechanisms to assist in the correct operation of these arrangements.
The actuaries and benefits consultants from the Deloitte pensions team can help with all corporate pensions issues from giving your defined contribution scheme a health check, being ready for auto-enrolment to helping you understand the latest changes to the taxation of pensions and from negotiating funding valuation results with trustees to implementing non-cash funding for defined benefit schemes.
Car Fleet Consulting
The provision of company cars to employees can be a sensitive area – one on which employees could potentially base their decision on whether or not to accept a job offer. It is also a significant payroll cost to any employer, often being second or third to salary and pension costs. We offer a wide range of car and cash related services for UK and international organisations across all industry sectors, including:
For further information of any of the above GES services, please contact Theresa Williams.
Pensions & Automatic Enrolment
Please contact us to find out more on automatic enrolment and when and how it might impact your business.
Real Time Information (RTI): PAYE Reporting
Deloitte has worked with many clients who are already operating RTI and can help you with your transition.
New modified PAYE schemes are also expected to be applied for and operated under RTI from April 2013. Existing modified PAYE schemes which do not have an agreed migration date must also operate under RTI from April 2013 (or the date the scheme is opened, if later).
Please contact us for support in relation to RTI.
Statutory Residence Test (SRT)
The Test may have an impact on the way in which expatriate individuals are currently taxed in the UK, and also the way in which employers track and operate payroll for expatriates.
Overseas workday relief and bank account arrangements
Please contact us for more information on Overseas Workday Relief and Bank Account Arrangement.
Current compliance topics are covered in our quarterly Lunch Club (Next Luncheon - 12 April 2013).
Please contact us for further information, and to book your place.