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Employees

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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Businesses should not have to administer pension reforms

Firms should not be expected to assume the role of administrator for the pension reforms that are set to be introduced in 2012, a leading business group has argued.

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PAYE mistakes highlight tax system 'complexity'

HM Revenue and Customs’ concession that upwards of six million people have either underpaid or overpaid their tax during the past two years is a sign that the current tax regime is overly complicated, it has been claimed.

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