A model income tax policy which is in line with best practice, contains clear and effective wording, and is easy to edit.
Income tax
Overview
The purpose of this policy is to provide information and procedures regarding income tax.
Scope
This policy is applicable to all employees of [company name].
General principles
If there are any changes in your personal circumstances which will affect your tax status, you should notify HM Revenue & Customs (HMRC), who will automatically inform the Company of any changes to your tax
The full Income tax policy will be available once purchased.
Reviewed 1 May 2022