Attracting, motivating and retaining the best people is an aim for many organisations, with a fulfilled workforce as the ultimate goal. However recruiting and retaining top people isn’t straightforward.

At KPMG, we can advise you on all aspects of employing and retaining talent, helping your employment strategy deliver value.

We don’t just focus on compliance, we take a wider view of reward and benefits and can work with you to help transform your employee offering. We are able to deal with income tax and National Insurance Contributions (“NIC”) issues arising from an employer’s compliance requirements with the ITIP and PAYE regimes (including the payment of seafarers/ mariners and aircrews) as well as investigations and enquiries made by the Isle of Man Tax Office and H M Revenue & Customs.

How we can help

The main areas on which we may provide advice and assistance are as follows.

• Advising employers on the application of the UK’s “disguised remuneration”, onshore and offshore employment intermediaries legislation
• Negotiating T9/ P11D reporting dispensations with the appropriate authorities
• Assisting in determining an individual’s employment status for income tax/ NIC purposes (i.e. is employment or self-employment appropriate?)
• Advising on the quantification and disclosure of benefits-in-kind provided to employees (i.e. share schemes, company cars, accommodation etc)
• Determining the correct income tax/ NIC payroll liabilities for employees seconded to, or from, the Isle of Man or the UK
• Establishing the correct income tax/ NIC treatment for payments made to employees in respect of termination, relocation, travel etc