Tax Updates and Ways to Save in 2016
Employment tax is a collective term for taxes that businesses and/or its employees pay to a federal or local agency. While list of employment taxes varies per state or country, there are a few which are common for many. Federal income tax come from employee wages and goes to the federal government and is used to fund government programs. There is also the workers’ compensation fees which pays for the insurance of employees in instances of injury or accident. Meanwhile, the Social Security tax is the tax from both employers and employees to finance the Social Security program. Other types of employment tax include self-employment tax and state income tax.Hire Employment Tax Managers
We are looking for accountants/lawyers to provide consultancy on labor laws, payroll, statutory deductions and employment taxation in Africa and at first stage, we'd like an advice on the following subject: 1. Tax Report 2. Specifications relating to Withholding tax certificate and payslips 3. Social Security reports If you have an experience in these fields...
I am a full time employee with just hte salary and bonus as my single source of income. I had a redundancy in 2017 and recently came to know that the lumpsum payment during redundancy is not taxable. I need to confirm this and if so, need to get refund