Budget 24: recruitment agencies face tax clamp down
In a bid to tackle worker exploitation, tax avoidance, and people who fail to pay their taxes on time, the chancellor unveiled a £1.4 billion investment for HMRC for...
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Regulation
Budget 24: no change to 25% tax free pension withdrawals
The pensions industry expressed relief that the chancellor decided not to change how much cash people can withdraw from pensions tax-free. Prior to yesterday’s Budget there had been speculation...
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Budget 24: pensions to come under scope of inheritance tax
Pensions will be included within the value of estates for inheritance tax purposes from April 2027, chancellor Rachel Reeves announced in today's Budget. The move comes as Reeves said...
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Employer cost challenges increase as 6.7% living wage hike unveiled
The National Living Wage (NLW) will rise from £11.44 to £12.21 an hour from 1 April 2025, chancellor Rachel Reeves confirmed last night ahead of her Budget speech today. ...
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Better occupational health ‘crucial’ for chancellor’s £240m plans to tackle economic inactivity
A government investment of £240 million to tackle economic inactivity and help disabled people and long-term sick into work has been welcomed as “joined up thinking”, by the CIPD....
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Benefits, especially PMI, could be ‘reduced or cut’ if employer NI costs go up
Government pledges that tax hikes will not appear in the payslips of “working people” were repeated at the weekend, but with an increase in employer national insurance (NI) expected...
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Tribunal penalties could rise 25% for breaches of tougher sexual harassment rules
Employment tribunals can slap an extra 25 percent financial penalty on employers that breach tougher sexual harassment laws coming into force on 26 October, 2024, a lawyer has warned....
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Employers to see cost hikes if chancellor adds NI to pension contributions and scraps EV salary sacrifice
Employers face a large tax bill if the chancellor levies national insurance (NI) on employer pension contributions and scraps "unfair" tax breaks on electric vehicles, in this month’s budget,...
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Business inflation fears ease as ONS reveals sub-2% figure
Inflation fell by more than expected in September 2024, across both its key measures, raising hopes that the Bank of England (BoE) will cut interest rates next month (November)....
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Government publishes Employment Rights Bill in legal ‘upgrade’
The government has introduced its landmark Employment Rights Bill to parliament in a bid to “upgrade” what deputy prime minister Angela Rayner called “the UK’s out-of-date employment laws”. Most...
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BENEFITS UNBOXED PODCAST
Benefits Unboxed
The podcast from Benefits Expert, the title for HR, reward and benefits professionals.
Seasoned professionals examine the challenges and innovations in today’s employee benefits, reward and HR sector. Every episode, they will unbox a key issue and unpack what it really means for employers and how they can tackle it.
The regulars are Claire Churchard, editor of Benefits Expert; Carole Goldsmith, HR director at the Royal Horticultural Society, and Steve Herbert, consultant and rewards & benefits veteran.
Benefits Unboxed – Hybrid work: reality versus rhetoric
Return-to-office mandates are a topic that’s generating plenty of heat in the media, but how closely do the headlines match workplace reality?
In this episode, one of a three-part series of 10-minute podcasts, hosts Claire Churchard and Steve Herbert discuss data that shows remote or home working is on the rise.
We look at what this means for HR, from balancing employee flexibility with business needs, to ensuring benefits packages remain fair and accessible. We discuss the pinch points, and the opportunities, in building the new normal of work.
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