All Article articles – Page 213
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ArticleIncome tax thresholds frozen until 2026
Budget 2021: Income tax thresholds will be frozen until 2026, Chancellor of the Exchequer Rishi Sunak said today (3 March).Setting out plans to help the UK recover from the £407 billion spent on Covid-19 (Coronavirus) support measures, he revealed the personal income tax allowance would rise with CPI as planned ...
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ArticleHMRC taskforce created to investigate furlough fraud among employers
Budget 2021: Chancellor of the Exchequer Rishi Sunak has announced the creation of a ‘taskforce’ to tackle fraud within the furlough scheme.Sunak revealed a £100 million investment in the HM Revenues and Customs' (HMRC) Taxpayer Protection Taskforce to crack down on those who defraud Covid-19 (Coronavirus) government support initiatives, including ...
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ArticleNational living wage to increase by £345 per year
Budget 2021: The national living wage (NLW) is to rise by £345 a year from April, Chancellor of the Exchequer Rishi Sunak confirmed in the Budget today (3 March).Under the plans, the existing rate of £8.72 an hour will increase by 19p to £8.91 – equivalent to £345 annually for ...
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ArticleGovernment retains income tax exemptions for employees' Covid-19 tests
Budget 2021: Chancellor of the Exchequer Rishi Sunak has announced that the income tax exemptions for Covid-19 tests and home office expenses will be extended.In his Budget 2021, Sunak announced that the tax exemption and national insurance contributions (NICs) disregard for Covid-19 (Coronavirus) antigen tests provided by, or reimbursed by, ...
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ArticlePensions lifetime allowance frozen until April 2026
Budget 2021: The pensions lifetime allowance (LTA) limit will be frozen for five years, Chancellor of the Exchequer Rishi Sunak confirmed in his Budget 2021 speech.Under the plans, LTA will be held at its current level of £1,073,100 until April 2026.The measure is one of a number designed to freeze ...
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ArticleSick pay rebate scheme to continue for SMEs
Budget 2021: Delivering his Budget to the House of Commons, Chancellor of the Exchequer Rishi Sunak has confirmed that the statutory sick pay (SSP) rebate scheme for small and medium-sized enterprises (SMEs) will remain in place.The scheme, which was announced at last year’s March Budget, allows SME employers to claim ...
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ArticleFuel duty frozen for eleventh year
Budget 2021: In his Budget 2021 speech, Chancellor of the Exchequer Rishi Sunak announced a freeze on fuel duty rates for the eleventh year running.Addressing the House of Commons, Sunak announced that fuel duty will remain frozen at 57.95p per litre for both petrol and diesel.Sunak also announced that fuel ...
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ArticleUK furlough scheme extended until September
Budget 2021: The UK’s furlough scheme has been extended until the end of September, Chancellor of the Exchequer Rishi Sunak (pictured) confirmed in the Budget today (3 March).The Coronavirus Job Retention Scheme (CJRS), which currently pays 80% of furloughed employees’ wages up to £2,500 per month for hours that cannot ...
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ArticleCovid-19 sees executives embrace mental health
The Covid-19 (Coronavirus) pandemic has been responsible for a generational shift in executives' attitudes to mental health, according to new research by Bupa.Data from the healthcare provider's latest Global executive wellbeing index found there has been a permanent shift in the attitudes of UK business leaders, with seven in 10 ...
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ArticleHavas UK rolls out wellbeing app to 2,200 staff
Advertising agency Havas UK has announced it is this week starting a full company-wide roll-out of wellbeing app YuLife to all of its 2,200 staff, after a successful trial with around 110 workers during 2020.Life insurance firm YuLife de-risks employers’ workforces by encouraging individuals to make health-improving behavioural changes through ...
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ArticleSynergy Vision becomes employee-owned
Medical communications company Synergy Vision has become employee-owed, after transferring itself over to the Employee Ownership Trust (EOT).The business – which became well known for introducing a four-day week in 2018 – officially became employee-owned yesterday (2 March), after founder Ffyona Dawber signed the remaining papers transferring 87.5% of the ...
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ArticleWomen twice as likely to quit due to caring responsibilities
New research from Vodafone - released to coincide with the introduction of its new global parental leave policy - has found that women are more than twice as likely than men to quit their jobs because of caring responsibilities.The finding, revealed in the telecommunications company's Lost connections: supporting carers in ...
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ArticleGerald Eve offers menopause and fertility support
Property advisory business Gerald Eve has become the first firm in the sector to offer its staff the ‘Peppy’ support service.Peppy – an app-based healthcare and wellbeing provision delivered on smartphones – helps guide employees through challenging times, such as the menopause, fertility issues and parenthood.Services provided via the app ...
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ArticleTomahawk denies abuse of furlough scheme
Steakhouse restaurant group Tomahawk has rejected accusations by the GMB union of bullying workers to lend it money to pay for their own national insurance (NI) and pension contributions.The union claims that a meeting was called for all staff, during which they were asked by the company if they could ...
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ArticleKeep updated with the Budget 2021
Tomorrow (3 March) Chancellor Rishi Sunak will deliver his long-awaited Budget 2021 – a statement widely anticipated to outline how the government will seek to rebalance the books after nearly a year of on-and-off economic shutdown.With debt now at 99.4% of GDP and borrowing at its highest level since 1993, ...
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ArticleGo North West drivers to strike indefinitely
The long-running ‘fire and rehire’ dispute between bus drivers at Go North West and their bosses escalated further over the weekend, with the announcement staff would be staging indefinite strike action.More than 500 drivers walked out yesterday (28 February) over the increasingly bitter dispute, which involves firing the drivers and ...
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ArticleWest Ferry Printers agrees pension buy-in
The pension benefits of 263 workers from West Ferry Printers have been protected after a £120 million buy-in deal was agreed between pension insurance firm Rothesay and Reach plc, the parent of the Scheme’s sponsor.Reach is one of the biggest contract newspaper printer in the UK and the deal is ...
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ArticleSainsbury’s gives employees thank-you bonus and pay rise
Employees at supermarket giant Sainsbury’s have twice as many reasons to feel happier this week after it was announced they would receive both a bonus and a pay rise.As a thank you to staff, the company is awarding a 3% annual bonus, which will mean the average full-time employee will ...
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ArticleEXCLUSIVE: Less than half of UK firms have a wellbeing strategy
Despite being nearly a year into lockdown, less than half of businesses (44%) have a wellbeing strategy in place, according to Aon research exclusively shared with www.employeebenefits.co.uk.The study polled 332 employee benefits and rewards specialists for the company's UK benefits and trends survey 2021 and found that only a minority ...
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ArticleThe Jockey Club appoints chief people officer
The Jockey Club – one of the UK’s largest sports businesses – has appointed Helene Sharrock as its incoming chief people officer.Sharrock, who is currently head of HR at Marks and Spencer, starts her new role on 17 May, and will be tasked with developing the Club’s people and talent ...