The head of the service that will provide free support to help employers and employees resolve employment disputes more quickly has been highlighting the benefits it offers. From 6 April 2014, anyone considering making an employment tribunal claim about a workplace issue – such as an unfair dismissal claim, redundancy payments or issues around equal … Continue reading →

Small businesses are being encouraged to consider using an HM Revenue & Customs’ (HMRC) scheme that allows them to be taxed on money flowing into and out of their business, rather than using full accounting rules. With a new tax year about to start on 6 April, HMRC has highlighted the benefits of the cash … Continue reading →

Employers are reminded to make sure they do not miss out on a £2,000 cut in their employment costs from 6 April 2014. The new Employment Allowance will see up to 1.25 million employers – businesses, charities and Community Amateur Sports Clubs – benefit from the annual reduction in their Class 1 secondary national insurance … Continue reading →

A significant change to statutory sick pay (SSP) is on the way for employers from April 2014. Under the percentage threshold scheme (PTS), employers can recover SSP if the total paid in a tax month is more than 13 per cent of their gross national insurance contributions in the same tax month.

New research suggests that UK taxpayers are set to waste almost £5 billion this year by paying more tax than necessary. The 2014 TaxAction research, released on 17 February by www.unbiased.co.uk, a website enabling consumers to find professional advisers, reveals that taxpayers are set to pay £100 million more in tax than they did in … Continue reading →

HM Revenue & Customs (HMRC) has announced there will be a staggered start to the introduction of Real Time Information (RTI) penalties. Automatic in-year Pay As You Earn (PAYE) penalties for late filing and late payment and in-year interest – charged on tax and national insurance contributions paid late during the year – were due … Continue reading →

The Low Pay Commission has recommended that the national minimum wage (NMW) should increase to £6.50 an hour from 1 October this year. The increase from the current rate of £6.31 represents a three per cent rise. The commission is also recommending an increase in the rate for under-18s from £3.72 to £3.79 and for … Continue reading →