Employers may be missing out on the best skilled workers due to not offering flexible working. A report by the Joseph Rowntree Foundation argues that the current lack of ‘quality’ part-time and flexible jobs is holding back the labour market by: cutting businesses off from a proportion of skilled workers ensuring some employees get ‘stuck’[…]
The Financial Conduct Authority (FCA) will be given the power to cap “excessive” early exit fees on pension pots. The new FCA responsibility will be introduced through legislation and the government will be publishing a formal response. The proposals will see the FCA being independently responsible for determining what the level of the cap on[…]
HMRC has launched a digital accounts system for businesses and individual taxpayers. The new system will allow people to see their tax details and make payments at any time during the year. HMRC plans that by 2020, most taxpayers including individuals, businesses and landlords will track and submit information to HMRC digitally every quarter. Uncertainty[…]
The system of employee benefits and taxes for those who travel for the purposes of work is undergoing change. Every day the roads and railways of this country are filled with employees travelling as part of their jobs, and incurring a host of costs and expenses along the way. The system of benefits and taxation[…]
A look at the strategies available to companies that are looking to minimise their corporation tax bill. The UK has one of the lowest rates of corporation tax in the developed world. Additionally the infrastructure of corporation tax reliefs available to any company or organisation based in the UK is one of the more straightforward[…]