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Rachel Reeves delivered her first Budget on 30th October â here are some of the main points affecting payroll. Tax and National Insurance (NI) Considerations Employment costs will be increasing for a lot of businesses with an increase in the rate of employerâs NI and the decrease in Secondary Threshold
Following its first reading in the House of Commons today, 10 October, the Employment Rights Bill has been published, within the first 100 days of our new government, as promised. At an enormous 158 pages, this will take some time to read through and digest, so the policy team will
1st October has passed and with it came the new requirements for businesses who must ensure 100% of tips are paid to employees. The Department for Business and Trade (DBT) has published the code of practice on fair and transparent distribution of tips, and while not much will change for
Last month saw the base rate reduced for the first time since March 2020, falling from 5.25% to 5%, Since then inflation has remained steady at 2.2%. Today, as many predicted, The Bank of Englandâs Monetary Policy Committee (MPC) has announced that the bank base rate will be held at
HM Revenue and Customs (HMRC) has released the advisory fuel rates to be used from 1 September 2024. You can use the previous rates for up to one month after the new rates apply. Engine size Petrol â rate per mile LPG â rate per mile 1400cc or less 13
Dealing with flexible working requestsNow that it has been some months since 6 April 2024, when the new rules on flexible working requests came into force in Great Britain, here are some practical tips on how to deal with them effectively. What is a flexible working request?An employee has the
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