Chancellor Jeremy Hunt released the details of the Autumn Statement today. See the main points here.
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Monday 8th May, following His Majesty King Charles III’s Coronation on 6th May, will be a national bank holiday. This bank holiday will operate in the same way as other bank holidays, and there is no statutory entitlement to time off. Employers may include bank holidays as part of a worker’s leave entitlement. The bank holiday will take place across the United Kingdom.
The Prime Minister Rishi Sunak and the Chancellor Jeremy Hunt have agreed that the Autumn Statement will now be delivered on 17th November 2022 along with the Office for Budget Responsibility (OBR) forecast. The statement will set out the United Kingdom’s medium term fiscal plan. [learn_press_profile]
Liz Truss has resigned as Leader of the Conservative Party, and by extension, Prime Minister.
Today, October 17th, Chancellor Jeremy Hunt has reversed many of the changes brought about by the September Mini-Budget. Markets reacted poorly to the September announcement, leading to spiraling interest rates.
The Prime Minister, Liz Truss, has confirmed that Corporation Tax will rise next April, in line with the previous government's plans.
The Chancellor has confirmed that the 'Medium-Term Fiscal Plan' (a Budget) will be announced on October 31st.
Speaking earlier on BBC Breakfast, Kwarteng confirmed that after consultation with the Prime Minister, the controversial move would be reversed. Pressure had been growing over the last week from all sides of the political spectrum, as to the logic in cutting the 45% tax rate during a cost of living crisis.
The Chancellor today (Friday 23 September) unveiled his Growth Plan to release the huge potential in the British economy by tackling high energy costs and inflation and delivering higher productivity and wages.
The 1.25 percentage point rise in National Insurance will be reversed from 6 November, the Chancellor Kwasi Kwarteng has announced today (22 September).
Monday 19 September, the date of Her Majesty Queen Elizabeth II’s State Funeral, will be a national bank holiday. This will allow individuals, businesses and other organisations to pay their respects to Her Majesty and commemorate Her reign, while marking the final day of the period of national mourning. This bank holiday will operate in the same way as other bank holidays, and there is no statutory entitlement to time off. Employers may include bank holidays as part of a worker’s leave entitlement. The bank holiday will take place across the United Kingdom.
Jersey propose a temporary reduction of 2% for the Class 1 Social Security contribution rate
Today, 20th July, the United Kingdom Supreme Court has outlawed the 12.07% method for calculating holiday pay.
ExCeL London becomes Accredited Living Wage Employer The Royal Docks receives formal recognition from the Living Wage Foundation for Making a Living Wage Place Key step in Mayor Khan’s plan to Make London a Living Wage CityAim of increasing the number of Royal Docks accredited Living Wage Employers by 50% by 2025 Community-led Royal Docks … Continue reading ROYAL DOCKS SEEKS TO EXCEL AS A LIVING WAGE PLACE
new pay protection laws on minimum wage for thousands of seafarers regularly entering UK waterslaws will prevent firms undercutting fair pay for seafarers by using legal loopholes to pay low wagesgovernment publishes response to the consultation on Seafarers’ Wages Bill The UK government introduced new legislation on 6th July 2022 to make sure seafarers get paid at least … Continue reading Bill ensures thousands of seafarers receive fair pay
Government backs laws providing additional paid leave to parents whose babies require neonatal care after birthreforms will allow parents to spend more time providing crucial care for their baby instead of worrying about returning to work or having to take unpaid leaveBusiness Minister Jane Hunt: “I hope we can take one concern off the minds … Continue reading Parents whose babies require neonatal care to receive paid leave under new law backed by government
The country’s most outstanding apprenticeship employers for 2022 have been recognised for their vital work boosting career opportunities for more people.
Adrian Benedict Sacco, 55 and originally from Malta, has been disqualified after running an umbrella payroll services company with links to the Isle of Man, potentially costing the public purse millions in unpaid income tax, National Insurance Contributions and Corporation Tax.
Over 347,000 unemployed people on benefits have found work in just four months through the government’s Way to Work campaign – an ambitious national push to get half a million more people into jobs by the end of June.
Do you operate a banded pension scheme using qualifying earning? Have you checked that the start and end points meet the requirements in operation for pay reference periods commencing 6th April 2022. Since the introduction of pension AE the qualifying earnings Lower Threshold has matched the National Insurance Lower Earnings Limit (LEL). Often pension schemes would … Continue reading Check your Auto Enrollment Pension scheme
The Chancellor, Rishi Sunak, has announced an increase in the Primary Threshold (PT); meaning lower paid workers will pay less National Insurance.
Join us for the Spring into Action Webinar on March 25th, 1-2pm.
Regulations making COVID-19 vaccination a condition of deployment in health and social care will be revoked on Tuesday 15 March, the Health and Social Care Secretary has confirmed today (Tuesday 1 March).
The Statutory Sick Pay Rebate Scheme will close on 17 March 2022. You have until 24 March 2022 to submit any new claims for absence periods up to 17 March 2022, or to amend claims already submitted.
The devolved government has brought Northern Ireland into line with the rest of the UK.
From today (Tuesday 8 February), those who are capable of work will be expected to search more widely for suitable available jobs from the fourth week of their Universal Credit claim, rather than up to three months as was previously the case.
The Department for Education (DfE) has confirmed the annual updates to the thresholds of post-2012 and postgraduate Income Contingent Student Loans.
A new ‘Brexit Freedoms’ Bill will be brought forward by Prime Minister Boris Johnson, to mark the two-year anniversary of 'Getting Brexit Done'.
In December 2021, the government made regulations to extend the self-certification period for sickness absences from 7 days to 28 days. This was a strictly time-limited change to support the government priority to increase GP capacity immediately and enable GPs to focus on the coronavirus vaccination booster programme.
Reports of scam HMRC phone calls have fallen by 97% over the last 12 months, latest HM Revenue and Customs (HMRC) figures show, which display a downward trend in reports overall throughout the past year.
People are losing out on hundreds of pounds after being enticed into using third-party companies to claim tax rebates instead of going directly to HMRC, a Which? investigation has found. Read the Which? report here.
This short piece published by HMRC seeks to dispel common myths around taxation.
The filing and payment deadline for Income Tax Self Assessment is 31st January 2022. HMRC have announced that this deadline will be extended, to reduce pressure caused by Omicron related staff shortages.
A step by step explaining how to hire a new worker from outside the UK.
An additional £30 million in emergency funding has been made available through the Culture Recovery Fund to support museums, cinemas, theatres and heritage organisations with the impact of the Omicron variant this winter.
Additional support will be available for businesses who have been impacted by the Omicron variant, the Chancellor, Rishi Sunak announced today (21 December).
The Government has temporarily extended the self-certification of sickness from 7 to 28 days.
More than 2.7 million customers claimed at least one Self-Employment Income Support Scheme (SEISS) payment up to 5 April 2021. These grants are taxable and customers should declare them on their 2020 to 2021 tax return before the deadline on 31 January 2022.
The government is naming and shaming businesses which failed to pay the minimum wage to 12,000 of the lowest paid workers.
More than 20,000 Self Assessment customers have used HM Revenue and Customs (HMRC) online monthly payment plan service since April to spread the cost of their tax bill, totalling £46 million so far, it has been revealed.
The Department for Work and Pensions’ (DWP) Access to Work Adjustment Passport will ease the transition from university into employment by reducing the need for repeated health assessments when starting a new job.
As announced in the Autumn Budget, the taper rate – the amount that a person’s Universal Credit is reduced by as they earn more – has dropped from 63% to 55%. Simultaneously, work allowances, the amount eligible claimants can earn before their Universal Credit is reduced, have increased by £500 per year.
One year ago today, the government launched the points-based immigration system and opened the Skilled Worker Visa, marking the UK’s biggest shift in immigration policy in recent history.
As part of Tax Administration and Maintenance Day the government has set out further detail on its work to deliver a modern, simple and effective tax system - which helps taxpayers get their tax right the first time.
The Department for Work and Pensions has outlined proposals to enable automatic enrolment pension schemes to make greater use of performance-based fees, which are payable to an investment manager only if they generate high returns on their investments.
The Post Office Card Accounts (POca) scheme was previously set to end in November this year. Following the disruption caused by the pandemic, it has now been extended for 12 months to ensure everyone has the time to make alternative arrangements.
The National Apprenticeship Week 2022 theme of ‘Build the Future’ continues from 2021, and focuses on the benefits apprenticeships can have on individuals, businesses, and local communitie
Job scams are on the rise, and in 2020, seasonal job scams increased by 88% compared to 2019. With figures predicted to increase again this year, it’s important to remain vigilant and familiarise yourself with the signs of a potential job scam or fraudulent job advert.
Over 300,000 people working for almost 9,000 real Living Wage Employers throughout the country are set for a vital pay boost as the new Living Wage rates rise to £9.90 across the UK (40p increase), and £11.05 in London (20p increase), supporting workers and families. The Living Wage rates are the only rates independently calculated based on what people need to live on.
Health and social care providers in England will be required to ensure workers are fully vaccinated against COVID-19, unless they are exempt, under plans announced by the Health and Social Care Secretary.