Jeremy Edwards of Baker & McKenzie LLP's London Employee Benefits Group and Narendra Acharya of their Chicago Employee Benefits Group look at UK and US employer tax compliance
Both UK and US employers are subject to extensive tax withholding and reporting requirements. This article gives a brief overview of the principal obligations that an employer in the UK and an employer in the US have to comply with in relation to salary payments and share options.1 The article also considers briefly the consequences for a UK and US employer if it fails to withhold or report tax liabilities properly.
UK overview
Since 1943 payments of employment income by UK employers have been subject to the deduction of...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Jeremy Edwards of Baker & McKenzie LLP's London Employee Benefits Group and Narendra Acharya of their Chicago Employee Benefits Group look at UK and US employer tax compliance
Both UK and US employers are subject to extensive tax withholding and reporting requirements. This article gives a brief overview of the principal obligations that an employer in the UK and an employer in the US have to comply with in relation to salary payments and share options.1 The article also considers briefly the consequences for a UK and US employer if it fails to withhold or report tax liabilities properly.
UK overview
Since 1943 payments of employment income by UK employers have been subject to the deduction of...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
