All Tax and legislation articles – Page 8
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ArticleAutumn Budget 2024: Changes to employer share incentive plan notice relating to statutory neonatal care pay
Autumn Budget 2024: Employers will have to change the notice they must give to an employee regarding possible deductions from their salary in relation to a share incentive plan (Sip). A minor change to the Income Tax (Earnings and Pensions) Act 2003 and the Employee Share Ownership ...
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ArticleAutumn Budget 2024: Government to close loopholes around car ownership schemes
Autumn Budget 2024: The government has announced plans to close loopholes in company car tax rules by ending contrived car ownership schemes. In the Autumn Budget 2024, Rachel Reeves, Chancellor of the Exchequer, laid out plans to publish draft legislation around loopholes in car ownership ...
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ArticleAutumn Budget 2024: Employment allowance to double and £100,000 threshold scrapped
Autumn Budget 2024: The government is to increase the employment allowance from £5,000 to £10,500 and remove the £100,000 threshold from April 2025. Chancellor of the Exchequer Rachel Reeves announced these measures in the Autumn Budget. The move will apply to all eligible employers, meaning 865,000 employers ...
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ArticleAutumn Budget 2024: Income tax thresholds to remain frozen until 2028
Credit: Fred Duval/Shutterstock Autumn Budget 2024: Chancellor of the Exchequer, Rachel Reeves, has announced that income tax thresholds will remain frozen until 2028. Reeves, the UK’s first female Chancellor, announced in her Autumn Budget to the House of Commons that the government will not be increasing the ...
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ArticleAutumn Budget 2024: Employer national insurance contributions (NICs) to increase to 15%
Autumn Budget 2024: The government is to increase the rate of employer national insurance contributions (NICs) by 1.2 percentage points to 15% from 6 April 2025. This will mean employers will have to pay 15p in NIC for every £1 paid to an employee. In addition, the ...
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ArticleNational living wage to rise by 6.7% in April 2025
The government is to increase the national living wage by 6.7% from April 2025. Chancellor of the Exchequer Rachel Reeves has announced the rate will rise from £11.44 to £12.21 an hour, which will be worth £1,400 a year for an eligible full-time worker. It is part ...
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ArticleLifetime provider model for pensions scrapped
Plans to introduce a pot for life for employee pensions will no longer go ahead, according to the Department for Work and Pensions. The previous Conservative government had proposed introducing a lifetime provider model (LPM), which would allow employees to have a single pension scheme throughout their ...
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ArticleFather awarded £20,000 after gossip about his flexible working
A man has won more than £20,000 in a claim for sex-based harassment after his colleagues ‘gossiped’ about him working flexible hours. Courtney Rawlins worked for parcel delivery service DPD as a driver, and made a request for flexible working ahead of the birth of his daughter, ...
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ArticleReal living wage rate to increase to £12.60
Source: Shutterstock The Living Wage Foundation has announced an increase in its real living wage rate to £12.60 across the UK, and £13.85 in London. More than 15,000 employers across the UK are signed up to pay the new rates for almost half a million employees. The ...
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OpinionKeely Rushmore: What can employers learn from the Next employment tribunal judgment?
Keely Rushmore Source: From Keystone Law Keely Rushmore, employment partner at Keystone Law The employment tribunal judgment in the case of high street retailer Next serves as a reminder that roles that may seem very different can be compared against each other under the equality legislation, to ...
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AnalysisHow to conduct an ethnicity pay review
Source: Shutterstock Mandatory ethnicity pay gap reporting will be introduced in the future, along with the Equality (Race and Disability) Bill. Ethnicity data is a special category under GDPR, so employers must state what it will be used for and how it will ...
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ArticleFormer pregnant Mitie account manager sees discrimination award increased
A pregnant account manager, who was found to have been discriminated against, has had her total award increased from £37,000 to more than £350,000.
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OpinionAnn Frances Cooney: Potential impact of the draft Equality (Race and Disability) Bill
The draft Equality (Race and Disability) Bill was announced in the King’s Speech in July. The new Labour government confirmed that the draft bill delivers its manifesto commitments to enshrine in law the full right to equal pay for ethnic minorities and disabled people, and to introduce ...
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ArticleTPR and FCA given regulatory powers to enforce Value for Money framework
The Pensions Regulator (TPR) and the Financial Conduct Authority (FCA) will have a full range of regulatory powers
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ArticleTesco loses Supreme Court case over fire and rehire proposals
Supermarket Tesco has lost its Supreme Court case against Usdaw over what the trade union called proposals to fire and rehire workers on less favourable terms. In 2007, Tesco planned to close some of its distribution centres and offered staff retained pay for them to relocate. It ...
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OpinionNick Le Riche: Flexible working changes and a four-day week
The Labour government’s planned changes to give employees the right to request a four-day working week under plans to increase flexible working have hit the headlines. According to reports, the government is proposing to make it easier for employees to request compressed hours, whereby employees work their ...
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ArticleEHRC publishes hybrid working guidance for disabled staff
The Equality and Human Rights Commission has published guidance to highlight legal obligations and practical steps for employers to best support disabled employees with hybrid working. The guidance has been designed for small and medium sized employers to support disabled staff with reasonable adjustments and help them ...
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OpinionElouisa Crichton: What to expect from a right to disconnect
The UK government is exploring how to implement the new right to disconnect in practice. This follows moves by countries including France, Spain and Australia where similar policies have already been introduced. This proposed right is unlikely to become law in the statutory sense, but rather a ...
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OpinionLouise Lawrence: Legal implications and requirements of managing sickness absence
Managing sickness absence can be a daunting task for many employers to handle, as it often requires striking a fine balance of having a delicate approach in supporting employees, while considering business needs of minimising business disruption and costs. An October 2023 report from the Chartered Institute ...