IRS Provides Reporting and Penalty Relief for US Individuals with Tax- Favoured Foreign Trusts

Trusts & Estates | Ladidas Lumpkins | Oct 19, 2020

Amidst the worldwide COVID-19 crisis, many US citizens who have worked abroad and paid into pension trusts may have missed a significant change made by the US Internal Revenue Service (IRS) on 02 March 2020. page (10-11 on the pdf) https://press.ggi.com/tep/06/

2021-08-20T10:56:30-04:00
National Minimum Wage, Work schemes, UK Payroll, Payroll schemes
Featured UK
Aug 17, 2026
Faye Lusted
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Salary Sacrifice and National Minimum Wage Compliance: A Hidden Risk for Employers

Salary sacrifice arrangements continue to be a popular way for employers to enhance their benefits offering and support employees in a tax-efficient manner. From pension salary sacrifice to Cycle to Work schemes and electric vehicle arrangements, these benefits can provide meaningful value to employees while also helping employers create more competitive remuneration packages.

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