Expenses and benefits: cash sum payments to employees
Round sum allowances
If you provide a set amount of cash for employees regardless of how they spend it, this is known as a 바카라 사이트˜round sum allowance바카라 사이트™.
This counts as earnings, so you바카라 사이트™ll need to:
- add the full amount of the round sum allowance to the employee바카라 사이트™s other earnings when deducting and paying Pay As You Earn (PAYE) tax through payroll
- add the amount of the round sum allowance - minus any specific business expenses covered by it - to the employee바카라 사이트™s other earnings when deducting and paying Class 1 National Insurance through payroll