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NIC Joint Elections Made in Electronic Form

Jeremy Edwards and Laura Foster of Baker & McKenzie LLP's Employee Benefits Group provide an introduction to the use and approval of electronic NIC Joint Elections
The use of electronic NIC Joint Elections provides an efficient method for undertaking the process by which employer's NICs due pursuant to the exercise of share options and pursuant to post-acquisition charges arising under the restricted securities and convertible securities legislation can be transferred to employees.
Passing on employer's NICs to employees
Legislation1 allows employers to enter into voluntary agreements to recover from employees or with the prior approval of HMRC Joint Elections with employees to transfer to employees any employer's NICs liability that arises pursuant to:

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