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Home / Simons-Taxes /Personal and employment tax /Part E4 Employment income /Division E4.12 Ensuring engagement packages are effective and compliant for tax and NIC purposes /Specific employment payments or benefits enjoying tax or NIC efficiencies / E4.1219 Revising employment contracts—overview
Commentary

E4.1219 Revising employment contracts—overview

Personal and employment tax

The terms of an employment contract can only be varied by the agreement of the parties to that agreement. Therefore, if an employer wishes to vary the terms, they must obtain the employee's consent (either formally or by tacit acceptance) or they may be in breach of contract (and may be the subject of an action for dismissal by breach or for constructive dismissal). In such situations, the employer may make a payment to prevent legal action being taken, or may be required to make a payment as the

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