Termination Payments from April 2018

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The tax treatment of employee termination payments changes on 6 April 2018 so that all payments in lieu of notice (PILONs), whether contractual or not, are taxable (and from 6 April 2019 are also subject […]

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A Central issue for Academies

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Bishop Fleming’s Head of Academies, Pam Tuckett, looks at centralisation as a way forward for struggling academies, on the back of the publication of the 2018 Benchmark Report. Whilst I was working on the Benchmark Report, I […]

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Academy Trusts’ duty to Report on Payment Practices and Performance

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New rules requiring the UK’s large businesses, including Academy Trusts, to publish half-yearly reports on their payment practices, policies and performance, came into force for financial years beginning on or after 6 April 2017. The reporting requirement […]

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Auto Enrolment pension contributions increase in April 2018 (and April 2019)

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As Auto Enrolment pension contributions are set to rise, we look at the implications for workplace pensions for both employers and employees. Employers will need to take action to update their payroll software or by […]

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Workplace pensions for school leavers proposed

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The Department of Work and Pensions (DWP) proposes that by the mid 2020s every worker aged 18 and over will be automatically enrolled in a workplace pension, unless they choose to opt out. The proposal […]

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Employers named for not paying minimum wage rates

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A record 260 employers have been named and shamed for failing to pay 16,000 workers at least the minimum wage rates. Investigators identified £1.7m in arrears owing to workers, and fined employers £1.3m for the underpayments. Many sectors […]

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Student Loans – changes from April 2018

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The Student Loans repayment thresholds will rise from 6 April 2018. The current threshold for tax year 2017/18 for Plan 1 is £17,775 and for Plan 2 is £21,000, and the Department for Education have confirmed that from 6 […]

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New Data Protection (GDPR) rules for Payroll Providers

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Payroll providers need to get ready for when the General Data Protection Regulations (GDPR) become law in May 2018. Now is the time to make the necessary changes to procedures and storage so that the […]

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Beware – look before you leave your workplace pension

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A person who opts out of a workplace pension during their working career may wish they hadn’t when they reach retirement age. A report commissioned by Royal London highlights the impact of opting out of a […]

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Pension auto enrolment – what employers need to do

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Employers need to keep up to date with what they have to do to comply with the pension auto enrolment rules, and to be aware of the forthcoming increases in the rates of contribution. There […]

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