It is blaming the government because it has not yet revealed how the new system of paying employers' national insurance on employee benefits will work.
'This is a disgrace,' said Anne Redston, chairman of the personal tax committee of CIoT. 'The government increased the tax burden of employing people in the last Budget, but doesn't even have the courtesy to tell employers how to implement the new requirements.'
The institute also pointed out that payroll systems are complex and cannot be changed overnight. Employers need to review the systems at once if they are to stand a chance of being ready to work to the government's new rules in four months time.
Chancellor Gordon Brown, in his April Budget, announced a fundamental change to the tax collection burden carried by employers - the imposition of employers' national insurance upon employee benefits. The new tax will increase the cost of employing people significantly and will require big administrative changes within businesses. But so far businesses have not had any information about which benefits will be affected, or how the new tax will work.
In addition, from April 2000 other new tax burdens are also being imposed upon employers - including the obligation to pay working family and disabled person tax credits, and to collect student loan repayments through the payroll. Guidance for employers on those new arrangements has already been made available.
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