All Employee Benefits articles in Web Issue – Page 1076
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ArticleDiesel supplement in company car tax to increase by 1%
Autumn Budget 2017: The government has announced that the existing company car tax diesel supplement will increase from 3% to 4% in April 2018.This will only apply to diesel cars that do not meet the latest emissions limits.In the Autumn Budget 2017, Chancellor Philip Hammond also announced that, from April ...
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ArticleStaff will not incur benefit-in-kind tax for charging electric vehicles at work
Autumn Budget 2017: Employees that charge their electric vehicles at work will not incur a benefit-in-kind charge on the electricity used.Chancellor Philip Hammond announced the move, which will come into effect from April 2018, during his Autumn Budget 2017 speech today (22 November).The announcement is part of the government’s focus ...
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ArticleNational living wage to increase to £7.83 an hour from April 2018
Autumn Budget 2017: The national living wage will increase to £7.83 an hour from April 2018, Chancellor Philip Hammond has announced.On the recommendation of the independent Low Pay Commission (LPC), the national living wage will increase by 4.4%, taking the current minimum level of pay for individuals aged 25 and ...
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ArticleIncome tax exemption for Armed Forces accommodation allowances announced
Autumn Budget 2017: The government has announced the introduction of an income tax and national insurance contribution (NIC) exemption for accommodation allowances for Armed Forces personnel.The exemption will apply to certain allowances paid to personnel for renting or maintaining accommodation in the UK private market.The exemption is to support the ...
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ArticleEmployers tax relief for life assurance and overseas pensions to be modernised
Autumn Budget 2107: The government has announced that tax relief for employer premiums paid into life assurance schemes or certain overseas pension schemes will be modernised.The changes, coming into effect from April 2019, will cover policies when an employee nominates an individual or registered charity to be their beneficiary.
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AnalysisWhat are the latest trends in Christmas rewards?
Read more:Gift cards and vouchers remain a popular choice of Christmas reward because they offer employees choice and flexibility around where to spend them.Tailored gifts, such as mobile beauty services, experience vouchers and personalised products, are increasing in popularity among employers.Employers must consider the messages that their Christmas rewards are ...
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Case StudiesHome Group uses a range of festive schemes to reward employees
Home Group involves its employees in a range of reward schemes during the festive period to show its appreciation of their work throughout the year.As well as decorating offices and desks, the provider of social housing, and care and support services, has held a 12 Days of Christmas event in ...
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OpinionRuth Christy: Avoiding the pitfalls of the office Christmas party
The Christmas party season is approaching and, for employers, it could open a Pandora’s Box of complications if not carefully managed.The office Christmas party presents two specific challenges: the party is normally off site and the combination of high spirits and alcohol. This unique work-related scenario requires some forward planning ...
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Supplier article
Budget commentary November 2017
The Chancellor of the Exchequer, Philip Hammond, has today delivered this year’s second Budget Report.Please see our summary belowFrom April 2018, the personal allowance will increase to £11,850 and the higher rate threshold to £46,350.The ISA annual subscription limit for 2018-19 will remain unchanged at £20,000. The annual subscription limit ...
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Supplier articleReward Gateway sparks employee engagement revolution in Boston
Global employee engagement pioneer continues growing in US with new office to make Boston – and beyond – a better place to workReward Gateway, the employee engagement platform that enables companies to have radically different relationships with their people, announced the opening of its newest office in Boston this month. ...
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ArticleEXCLUSIVE: 75% are not planning to introduce a Lisa
Three-quarters of respondents (75%) are not planning to introduce the Lifetime individual savings account (Lisa) as a workplace savings tool, according to research by Employee Benefits and Nest.This is a significant increase since 2016 when just a third of respondents (33%) said they would not introduce the Lisa, according to ...
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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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ArticleEuropean Commission launches two-year plan to tackle gender pay gap
The European Commission has published a report detailing its proposed plan to tackle the gender pay gap in Europe.The EU Action Plan 2017-2019, Tackling the gender pay gap, which has been issued to the European Parliament, The Council and the European Economic and Social Committee, reports that women in the ...
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Supplier articleBudgeting and planning for reward and recognition
By Jamie KingWith 2018 fast approaching now is the time that many businesses will start to think about next year’s reward and recognition budget. If that’s you, here are three questions you should be asking:Are we spending appropriately?There are a number of points you need to consider here, but a ...
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Supplier articleEngaging employees with health and wellbeing
We have access to more information and data on our health than ever before. The news agenda informs us daily on all manner of health issues; what we should and shouldn’t eat, how much exercise to take, the impact of stress on our mental health and of course, the cost ...
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ArticleLovewell's logic - The Autumn Budget: a welcome respite from pensions change or a missed opportunity?
For a number of years now, barely a Budget has gone by without an announcement that has resulted in further changes impacting the provision of workplace pensions.It was unsurprising, therefore, that in the lead up to the first ever Autumn Budget on Wednesday 23 November, there was much speculation about ...
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ArticleBritish Embassy in Jordan hires its first diplocat
Something for the weekend: Lawrence of Abdoun has been appointed by the British Embassy in Amman, Jordan to take the role of its first diplocat.Lawrence is the first official cat and overseas envoy for Palmerston, the Chief Mouser at the Foreign Office, and, is responsible for mousing, sleeping and being ...
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ArticleTop 10 most read stories: 16-22 November 2017
The 10 most read stories on www.employeebenefits.co.uk between 16-22` November 2017 were: Diesel supplement in company car tax to increase by 1%How to ensure group risk policies comply with state pension age increasesUniversities UK proposes closing USS pension scheme to future accrualGovernment to increase personal allowance and higher-rate tax thresholdGovernment ...
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Supplier articleSee what leading colleges are including in their benefits schemes and why
Competition in education has never been greater. We have seen the cost of a university degree behind the upsurge in paid apprenticeships, academy trusts constantly vying to attract pupils and families to chose their local academy over a rival's, and colleges and universities competing hard to fill their courses with ...
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Supplier articleHow a rebel approach to your reward strategy will lead to greater success
Having a great reward strategy in place is key to attracting, engaging and retaining your people. But to ensure top engagement, you need to channel your inner rebel. Hear from Group Reward Director Debra Corey and Citation HRD Linda Jodrell on some of their favourite ways to be a little ...