IR35 legislation: what HR teams needs to know

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IR35 is coming to the private sector, and from April 2020 will change the face of contracting as we know it. This legislation has the potential to disrupt how contractors are used if firms fail to prepare adequately. Tax legislation IR35 was announced in a slightly different capacity than was expected, with small firms exempt for now, […]

The UK’s savings gap: is a workplace ISA the solution?

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The recent Autumn Budget seems to have included a conscious decision to do nothing when it comes to addressing the savings gap, especially for the younger generation and the millions of low paid or self-employed not impacted by pensions auto-enrolment. To what extent do employee benefits reflect what employees actually want? Within the context of […]

The gig economy: how has the Government responded?

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The rise of the gig economy has radically changed the modern labour market, so how should employers respond to changes proposed by the Government? With the promise of flexible hours and fast money, it’s easy to see why the so-called ‘gig economy’ has boomed in the UK in the last few years. In fact, the […]

Are you dreaming of a compliant Christmas party?

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Christmas parties are a great way to let off some steam at the end of a busy year. But if you’re not careful, hidden tax costs can make for a much more expensive celebration than you first expect.  We all look forward to Christmas party season. But company parties can be tricky – and not […]

CIPD HR Analytics conference: key takeaways

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On Wednesday 12th March the CIPD held their annual HR Analytics conference in London. The event was attended by HR directors at various stages of readiness for bringing analytics capability into their organisations. The speakers offered a mix of both theoretical insight and practical advice. The event culminated in a talk from CIPD CEO Peter […]

Budget 2014 – what does it mean for HR?

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George Osborne said that today’s Budget was made for building a resilient economy – a Budget designed for makers, doers and savers. The BBC’s Robert Peston said it felt like a ‘very Tory Budget.’ Overall, the GDP forecast is expected to grow by 2.7% in 2014 and 2.3% next year, then 2.6% in 2016 and […]

How to take your employee benefits package to the next level

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This was written by Amanda Flint, Reward and Incentive Partner, Grant Thornton UK LLP. With the deadlines for the government’s pension auto-enrolment scheme fast approaching for many businesses, now is a great time for organisations to review the benefits packages they offer. Rather than just being a token gesture, flexible and creative employee remuneration packages can […]

News: Child benefit cuts will ‘incentivise parents to work less’

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The introduction of child benefit cuts on Monday could incentivise individuals to either work fewer hours or contribute more into private pensions to try and avoid punitive tax rates, a think tank has warned. According to the Institute for Fiscal Studies, households in which one person earns more than £50,000 per annum will face higher […]

Legal Insight: The potential impact of employee shareholder schemes

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At the Conservative Party conference last year, the Chancellor George Osborne unveiled plans to create a new employment status – the ‘employee-owner’.  The government promoted these proposals as part of its drive for growth and to give business more flexibility to hire and fire staff.    Some commentators were quick to dismiss them as political […]

News: Chancellor’s Autumn Budget Statement for HR at-a-glance

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Here are the key HR-related announcements of Chancellor George Osborne’s Autumn Budget Statement:  Civil service spending/job cuts   Whitehall departments will be required to shave 1% off their running costs during the financial year 2013/14 and a further 2% the following year in order to save £3.4 billion on top of existing cuts.   Another […]

News: Starbucks’ move to cut staff benefits sparks fresh concern

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Starbucks’ decision to cut paid lunch breaks, sick leave and maternity benefits has sparked concern among staff that they are being forced to help subsidise the coffee chain’s potential tax bill increase. According to the Guardian, on the same day last week that the House of Commons’ public accounts committee branded the firm’s tax avoidance […]

News: MPs call for action over recruiters’ worker expenses schemes

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A group of MPs stepped up pressure on the government today to crack down on the travel and subsistence expense schemes being imposed on temporary workers by some recruitment agencies in order to cut their tax bill. To this end, the five, who were led by Labour MP Michael Connarty, introduced an Early Day Motion […]

Blog: Dealing with tax and the contractor issue

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The BBC have recently announced their intention to review the type of contract they provide to their staff following a tax review.  Issuing the correct type of contract is important to avoid the heartache of tax implications for both employer and employee if it’s wrong.   The BBC currently have lots of staff who are […]

Blog: The shares-for-rights conundrum – A fair exchange?

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Is the lure of owning an amount of shares, and not paying capital gains tax on the profit that those shares make (if any) a fair exchange for surrendering some of your employment rights? The Chancellor’s proposal has about as much detail as a child’s sketch of a cloud so let’s consider the following scenario: You […]

News: Chancellor’s shares-for-employment-rights scheme ‘open to abuse’

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The Chancellor’s plans to enable staff to sell employment rights in exchange for company shares could be open to abuse by unscrupulous employers, experts have warned. George Osborne in his Conservative party conference speech today said that, as of April next year, employees who are given company shares worth between £2,000 and £50,000 will no […]

News: Extent of ‘off payroll’ deals in public sector “shocking”

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The widespread nature of “off payroll” payments being made to thousands of public servants has been branded “shocking” by a committee of MPs concerned over potential tax avoidance activities. A Public Accounts Committee report singled out the BBC for paying 25,000 employees – 13,000 of whom were broadcasters – a gross amount into a company […]