Significant rise in Payroll Giving

According to the Association of Payroll Giving Organisations (AGPO), there has been a significant rise in the number of employers offering Payroll Giving this year, as well as a marked increase in the number of employees engaging in the scheme.

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Consultation aimed at reducing health-related job loss

The Government has launched a consultation on its aims to reduce the number of job losses related to ill health and encourage larger and smaller businesses to invest more resources into supporting their workforce’s wellbeing. As the consultation document states,

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Tax changes could cost contractors £7,500 a year

Industry professionals estimate that the tax changes brought about by IR35 rules in the private sector could increase the tax of a self-employed contractor earning £100,000 a year by as much as £7,500. Since April 2017, publicly-funded bodies have been

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Pay growth gaining speed

According to the latest official labour market statistics, wage growth in the UK accelerated to 3.6 per cent in the year to May 2019, which is the highest rate in almost 11 years. The Office for National Statistics (ONS) has

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Private firms should start preparing now for IR35

According to recent research, private firms that employ contractors could experience major disruption when changes are made to IR35 and Off-Payroll working rules in April 2020, as tax liability changes will affect national insurance and significantly increase the cost of

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Confusion over tax on benefits in kind

According to recent research, just over a third of employees are aware that benefits and perks provided by employers, sometimes called Benefits in Kind (BiK), are sometimes subject to income tax and National Insurance Contributions (NICs). The research, which was

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Open letter regarding IR35 sent to prime minister hopefuls

A group of 10 contractor companies have written an open letter to politicians urging both candidates in the Conservative party leadership race to halt plans to introduce the Off-Payroll Tax (IR35) to the private sector and abolish the retrospective Loan

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Industry calls for delay to IR35 off-payroll tax rules extension

The responses to HM Revenue & Customs’ (HMRC) off-payroll working rules consultation have been collated and have revealed serious concerns about the new proposals. Moreover, many critics have called for a halt to the reforms until April 2020. HMRC first

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A good salary is no longer enough

The latest figures from the Office for National Statistics (ONS) revealed the UK’s employment rate was the joint highest on record at 76.1 per cent, and the rate for women was 72 per cent, the highest on record. In addition,

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Government moves to curb salary sacrifice

Ahead of the 2016 Autumn Statement there were rumours that the Chancellor Philip Hammond might limit the perks offered to employees by their employers. However, it soon became clear that he was out to prevent any tax advantage from salary

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