Income tax policy template
Use this if you require a robust and practical income tax policy template.
5 mins
What is an Income tax policy?
The purpose of this Income tax policy template is to provide you with a flexible and customisable document to serve as a robust and effective starting point for you.
By using our Income tax policy template, you can streamline your process, maintain consistency and accuracy, and save time, and it can be easily adapted to fit your specific scenario.
During onboarding / after changes / planned refresher
Internally issued to appropriate recipients in your Company
Great Britain & NI (United Kingdom), Worldwide
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 code.
Addresses of local offices and enquiry centres can be found here:
http://www.inlandrevenue.gov.uk/menus/officesmenu.htm
This policy [does not] form[s] part of your terms and conditions of employment.
Version: [1.0]
Issue date: [date]
Author: [name, job title]
Why choose our Income tax policy template?
- It's easily editable and implementable, saving you time and money
- It's designed by CIPD accedited Chartered HR practitioners with operational experience in this area
- You will maintain compliance with ACAS guidelines, legislation, and industry best practices
- Email notifications for any updates made to this template or its accompanying materials
- 12 months of unrestricted access without any additional costs (any update in that period is free to you)
- A 25% discount on all library, toolkit, and template purchases/renewals
