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PAYE and NI

Firms need extra time to deal with pension deficits

The CBI has urged a change to the pension system in order to allow businesses extra breathing space in which to make good the shortfalls in their final salary schemes.

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Default retirement age should be dropped

Laws that allow employers to oblige employees to retire at 65 should be scrapped.

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IR35 comes under fire for its negligible tax take

Figures have been released showing that the IR35 tax regulations are producing an average of just £1.5 million a year in tax revenues.

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Strict new measures to back employment tribunal payments

New enforcement measures are to be introduced to make sure that employers pay the full amount of any tribunal awards.

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Employers urged to avoid late-filing penalties for annual returns

Firms have been reminded by HM Revenue and Customs (HMRC) that the date for submitting their 2008-09 employer annual returns has passed but that they could still avoid late-filing penalties.

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More and more firms are keeping wages on hold

One in three of the businesses included in a recent survey froze their wages in April.

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Europe should suspend introducing new employment regulations

Ahead of the forthcoming European elections, the British Chambers of Commerce (BCC) has called on the European Commission to place a moratorium on all new employment laws.

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Length of employment can be a factor in redundancy decisions

A ruling by the Court of Appeal has opened the door to taking the length of time an employee has been working for a firm into account when making decisions about redundancies.

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Minimum wage set to rise this October

The national minimum wage for adults is to rise to £5.80 an hour as from October.

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Pension changes could hamper employment flexibility

Reforms to the pension system, planned for 2012, run the risk of adversely affecting the flexibility of the UK’s labour market, it has been argued.

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