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Employees

Employers unprepared for older workforces

A third of UK workers could be aged over 50 by 2020, but employers are not ready for the changes, a new report has claimed.

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HMRC offers concession on tax error interest payments

Taxpayers who owe HM Revenue and Customs (HMRC) more than £2,000 as a result of PAYE coding errors will not be charged interest on the sums.

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Pension funds slip back into deficit

Final salary pension funds in the UK have dipped back into deficit, new figures have revealed.

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Concerns over centralised PAYE proposal

A leading business group has expressed worries over suggestions that employees’ gross pay could be transferred to a central HM Revenue and Customs’ computer.

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Press ahead with pension reforms but simplify them, says CBI

The CBI has urged the government to continue with the planned schedule for introducing workplace pension reforms that will see all employees automatically enrolled in a retirement scheme.

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Changes to minimum wage rates imminent

Employers are being reminded that new national minimum wage rates will be coming into force in October.

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New business regulations to come into effect

Each year, the government introduces regulatory changes affecting businesses on two common commencement dates. These dates are 6 April and 1 October. There are a number of changes that will be implemented on 1 October 2010.

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Jobs recovery shows signs of slowing

Job appointments increased at their slowest rate in almost a year last month, new figures have revealed.

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Amnesty for some owing tax in PAYE miscalculations

The government has announced that the Treasury will cancel the tax debts of some of people who owe money as a result of errors in the PAYE system.

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