Consultation on national insurance on securities for internationally mobile employees

29 July 2014

HMRC are now consulting on a proposed change to liability for earnings-related National Insurance Contributions from employment related securities income earned by internationally mobile employees.

The proposal follows a recommendation from the Office of Tax Simplification (OTS) that the tax and National Insurance Contributions (NICs) treatment awarded to internationally mobile employees should be more closely aligned with that for other forms of employment income. This consultation seeks views and evidence on the potential impacts of the NICs legislative change.