United Kingdom Increases Car and Van Benefits Limits for Employees

United Kingdom has recently announced changes concerning certain employee benefits of Car and Van Benefits with effect from 6 April 2014.

Online PR News – 29-January-2014 – Sunnyvale, CA – United Kingdom has recently announced changes concerning certain employee benefits with effect from 6 April 2014. The changes amend values used for calculating certain “in kind” benefit amounts for the purpose of taxation, says Nair & Co. a provider of global HR services for companies setting up international operations.

It is important for companies in the United Kingdom to update payroll systems and processes for ensuring accurate tax computations and related compliances for the 2014/15 year.

For more information about doing business overseas or to know more about our International Payroll Services team please contact us.

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About Nair & Co.
Nair & Co., the leader in international business expansion services, provides accounting, HR, legal, tax and compliance services for the set up and management of your international operations. Our model of a single-point-of-contact, supported by internal teams of experienced advisors, helps clients expand business and manage risk so they can focus on their core business and sustain growth with minimal risk, stress and cost. We support nearly 250 clients in over 70 countries. Nair & Co. is headquartered in Bristol, UK, has 450 employees and offices in China, India, Japan, Singapore, and the US. Learn more at www.nair-co.com

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