A new online tool will make it easier for expecting parents to understand and plan statutory Shared Parental Leave and Pay, it has been revealed. The online portal, launched by the Department for Business, Energy & Industrial Strategy (BEIS), can be found here. It follows research suggesting that almost all parents who take advantage of […]
What is RTI for Payroll?
Whether you employ one worker or one thousand, Real Time Information (RTI) for payroll helps businesses stay on top of compliance and ensures employees pay the correct amount of tax. But despite launching in 2013, some businesses still do not fully understand how to use the RTI system – potentially resulting in fines and penalties. […]
Start-ups looking to recruit new experts can now take advantage of the Kickstart scheme
Last year, the Government introduced a new grant via the Kickstart Scheme to support the creation of new jobs placements at businesses across the UK.
Uber drivers “not self-employed”, Supreme Court rules
Ride-hailing giant Uber must pay its workforce at least the legal minimum wage and holiday pay after a Supreme Court ruled that its drivers are “not self-employed”.
ICAEW “questions” pension tax relief proposals
The Institute of Chartered Accountants in England and Wales (ICAEW) has raised concerns over proposals to alter the level of tax relief on pensions contributions for low-earners, arguing that any changes could burden businesses.
Automatic enrolment easements to be lifted from January, regulator reveals
Pension flexibilities afforded to employers throughout the coronavirus pandemic will be removed from 01 January 2021, it has been revealed.
National Minimum Wage investigations have drastically increased
National Minimum Wage investigations by HM Revenue & Customs (HMRC) have increased significantly, according to the latest research.
Tax on redundancy payments
In recent years – due to tax changes – it has become more expensive to make termination payments. With redundancies on the rise due to the coronavirus, is it time you understood how termination payments work in 2020? Beyond the human tragedy of COVID-19 is an economic one. Swathes of the UK economy have been […]
Workplace Pension Contribution Increase
As part of the compulsory employment pensions the minimum contributions are increasing.