Helping employers identify a pension scheme for automatic enrolment
Posted on Tuesday, December 9th, 2014
The Pensions Regulator (TPR) has opened consultation on a proposal to publish a list of pension schemes that are available to any employer, regardless of the number or workers the employer has or their levels of pay.... Read Full Article...
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Holiday Pay and Overtime Ruling
Posted on Tuesday, December 9th, 2014
In the judgment an Employment Appeal Tribunal (EAT) has decided that holiday pay should reflect non-guaranteed overtime. Under the Working Time Regulations 1998 most workers are entitled to paid statutory annual leave. This is 5.6 weeks (28... Read Full Article...
2012/13 tax gap
Posted on Wednesday, November 5th, 2014
HMRC have announced the latest tax gap figures. The tax gap, which is the difference between the amount of tax due and the amount collected, was 6.8% of tax liabilities, or £34 billion, in 2012 to 2013.... Read Full Article...
Parties for employees
Posted on Wednesday, November 5th, 2014
With the season for workplace parties fast approaching we thought it would be a good idea to remind you of the tax implications of these type of events. The good news is that, unlike entertaining customers, the... Read Full Article...
Acas guidance on new shared parental leave rules
Posted on Wednesday, November 5th, 2014
Acas have issued a new guide to help employers and employees to understand the practicalities of the Shared Parental Leave (SPL) Regulations. The operation of the new rules, which apply to parents of babies due on or after... Read Full Article...
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HMRC to collect more debt through tax codes
Posted on Wednesday, November 5th, 2014
HMRC can currently collect debts of up to £3,000 by adjusting an individual’s Pay As You Earn (PAYE) tax code which applies to their employment or pensions income. This collection method is known as ‘coding out’. The... Read Full Article...
Pension flexibility
Posted on Wednesday, November 5th, 2014
The Government has announced that people who wish to access their defined contribution pension flexibly will be able to go to a local Citizens Advice Bureau across the UK for expert free and impartial face to face... Read Full Article...
Latest labour market employment figures
Posted on Wednesday, November 5th, 2014
The Office for National Statistics has announced that the latest statistics, based on the period May to July 2014, show that employment continued to rise and unemployment continued to fall. According to the ONS: ‘There were 30.61... Read Full Article...
National Minimum Wage rises
Posted on Wednesday, November 5th, 2014
The National Minimum Wage (NMW) is a minimum amount per hour that most workers in the UK are entitled to be paid. NMW rates increases come into effect on 1 October 2014: the main rate for workers... Read Full Article...
RTI penalties for small employers delayed
Posted on Wednesday, November 5th, 2014
HMRC have confirmed that employers with fewer than 50 employees will face automated in-year penalties for late real-time PAYE returns from 6 March 2015 which is later than had originally been anticipated. Those who employ 50 or... Read Full Article...