All Tax and legislation articles – Page 25
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OpinionSarah Thompson: The next steps in employers’ GDPR compliance
Last October, McGuireWoods covered some of the keys steps that reward professionals could take to get up to speed with the General Data Protection Regulation (GDPR) coming into force this May. With fines of up to €20 million or 4% of annual worldwide turnover, whichever is greatest, at stake, GDPR ...
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OpinionDavid Lorimer: How employers can protect against data breach liability
Last year's case in which Morrisons was found liable for damages arising from the actions of a rogue employee had broad implications for all employers. Andrew Skelton was imprisoned for eight years after deliberately disclosing payroll records relating to almost 100,000 staff members to several newspapers and online in 2014.This ...
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AnalysisHow do salary sacrifice arrangements affect gender pay gap reporting?
Need to know: Deductions for salary sacrifice arrangements are excluded from an employee’s base pay for the purposes of gender pay gap reporting. This could influence an organisation’s final gender pay gap data depending on how many women compared to men have taken up benefit via ...
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Article44% of employers do not know what GDPR is
More than two-fifths (44%) of employer respondents do not know what the General Data Protection Regulation (GDPR) is, according to research by SD Worx.Its survey of 1,800 HR and payroll professionals across nine European markets also found that 55% of respondents who are aware of GDPR believe that the regulation ...
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ArticleHow will the Autumn Budget 2017 impact pay and benefits?
Chancellor Philip Hammond (pictured) delivered the Autumn Budget speech to the House of Commons on Wednesday 22 October 2017. Below is a summary of the key announcements that could impact employers’ pay and benefits strategies:The tax-free personal allowance will increase to £11,850 in April 2018, an increase of £350 from ...
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ArticleSharesave savings break extended for staff on parental leave
Autumn Budget 2017: Employees on maternity or paternity leave will be able to take up to a 12-month break from saving into a sharesave (save as you earn) scheme.The change, which was announced as part of the Autumn Budget 2017, will take effect from 6 April 2017.Previously, employees could take ...
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ArticlePoll: 56% think employers in the gig economy should provide minimum benefits
Employee Benefits poll: More than half (56%) of respondents think that employers which operate in the gig economy should be required to provide a minimum level of benefits for those working for them.A straw poll of www.employeebenefits.co.uk readers, which received 25 responses, also found that 36% of respondents feel that ...
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ArticleHigh Court to rule in Morrisons payroll data leak case
More than 5,500 employees who brought a payroll data leak class action lawsuit against retail organisation Morrisons will see the trial progress to the High Court in London this week.The two-week High Court trial, which commenced on Monday 9 October 2017, is based on a class action lawsuit brought by ...
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AnalysisHow will the General Data Protection Regulation (GDPR) affect pay and benefits?
Need to know:Technology has changed how organisations share and store personal data. It is no wonder that the General Data Protection Regulation seeks to bring data privacy into the 21st century.Employers should not underestimate the complexity of the regulation and should start preparing now.Employment contracts and agreements with benefits providers ...
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OpinionJulie Hodgskin: Payroll and the General Data Protection Regulation
Part of the process of preparing for the new General Data Protection Regulation (GDPR) will be to perform a payroll information data cleanse. This needs to be planned and methodically carried out by 25 May 2018.The Information Commissioner’s Office has given us a tool to use in the form of ...
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ArticleSecond Finance Bill to legislate for pensions advice exemption and company car tax bands
A second Finance Bill 2017 has been introduced into Parliament, which includes the introduction of an income tax exemption for the first £500 of employer-arranged pensions advice, company car tax bands, and the retrospective application of the money purchase annual allowance (MPAA).A number of measures were dropped from the Finance ...
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OpinionGreg Burgess: Back to the drawing board on employment tribunal fees?
The fact July 2017’s decision of the Supreme Court concerning the employment tribunal fees system made it on to the main evening news on all channels, shows just how significant the decision was.The court’s decision effectively said that the fees system was denying lower earners access to justice because the ...
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ArticleGDPR to be brought into UK law under new Data Protection Bill
The European Union’s (EU) General Data Protection Regulation (GDPR) will be brought into UK law under a new bill to ensure data protection measures are maintained after the implementation of Brexit.The government has issued a statement of intent for the new Data Protection Bill, which is designed to update and ...
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OpinionKate Hurn: Taylor Review advocates enhancing rights for dependent contractors
The government-commissioned review of modern working practices by Matthew Taylor calls for legislative change to help determine employment status more easily and recommends enhancing rights for workers.Taylor acknowledges the confusion created by the current category of workers, made up of bona fide employees and so-called limb (b) workers who are ...
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ArticleSupreme Court rules that employment tribunal fees are unlawful
The Supreme Court has ruled that fees imposed on claimants to take employment law complaints to tribunal are unlawful.In the case, which was brought by trade union Unison against the Lord Chancellor, Unison contended that employment tribunal fees imposed by the Lord Chancellor under the Employment Tribunals and the Employment ...
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Opinion
Amanda Steadman: How would the Taylor Review proposals affect employers?
The overriding ambition of the Taylor Review is to make the case for all work being 'good work' and for this to become a new national priority. In a nutshell, 'good work' means that all work in the UK should be fair and decent with realistic scope for development and ...
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OpinionLovewell's logic: Building the foundation for a truly modern work environment
Changing workforce demographics and employers’ interest in adapting benefits strategies and working patterns accordingly to meet employees’ expectations and needs in the modern workplace is a topic we often address at Employee Benefits. Yet, despite many organisations’ aims to be seen as an employer of choice in order to recruit ...
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OpinionRuth Buchanan: The new General Data Protection Regulation is just around the corner
With under a year to go before the General Data Protection Regulation (GDPR) takes direct effect on 25 May 2018 in European Union (EU) member states, including the UK, employers should be preparing for its implementation.GDPR introduces a much tougher regime than the existing data protection legislation, with potential fines ...
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ArticleGovernment to implement General Data Protection Regulation through Data Protection Bill
The government will implement the General Data Protection Regulation (GDPR) through the Data Protection Bill, which was announced in the Queen’s Speech on Wednesday 21 June 2017.The GDPR, which been designed to protect EU citizens from privacy and data breaches, will include mandatory breach notifications delivered in a 72-hour period ...
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ArticleHow the Queen’s Speech 2017 will impact employee benefits
On 21 June 2017, the Queen attended the Houses of Parliament to deliver the Queen’s Speech, and officially open the next session of Parliament following the general election on 8 June 2017.The policies will be debated in the House of Lords and House of Commons over the next five days ...