Difference between revisions of "QMS"
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(Free medical insurance http://www.ecm.com/investment-expertise/senior-secured-loans financing for dental implants To see what I mean, take a customer who buys an annual bus pass for £784. At present,) |
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| − | + | Free medical insurance http://www.ecm.com/investment-expertise/senior-secured-loans financing for dental implants To see what I mean, take a customer who buys an annual bus pass for £784. At present, he or she buys that season ticket after paying tax. Under the tax relief scheme, the employer would buy the season ticket and deduct the cost from his or her pay packet – and only then would the employee be assessed for tax. With their taxable pay reduced, the employee would save £251 in tax and National Insurance, and the employer would save £108. The administration costs would be kept minimal by doing it all online, and of course the relief would only apply at the basic rate. | |
Revision as of 21:04, 17 November 2014
Free medical insurance http://www.ecm.com/investment-expertise/senior-secured-loans financing for dental implants To see what I mean, take a customer who buys an annual bus pass for £784. At present, he or she buys that season ticket after paying tax. Under the tax relief scheme, the employer would buy the season ticket and deduct the cost from his or her pay packet – and only then would the employee be assessed for tax. With their taxable pay reduced, the employee would save £251 in tax and National Insurance, and the employer would save £108. The administration costs would be kept minimal by doing it all online, and of course the relief would only apply at the basic rate.
