Business management

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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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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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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Small businesses urged to comply with the law on pay

Smaller firms are being encouraged to examine their pay systems to make sure they are not breaching the law on equal pay.

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Employers should update HMRC payroll systems

Employers who use HM Revenue and Customs’ employer CD-ROM with which to manage their payrolls are being advised to update it as soon as possible.

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Employers may cut benefits to accommodate auto-enrolment

Employers could reduce the benefits available in workplace pension schemes as a result of plans to introduce auto-enrolment for all workers.

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Limited time left for PAYE consultation

Employers have only a few weeks remaining in which to share their views with HM Revenue and Customs (HMRC) on possible changes to the PAYE system.

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Employers give backing to pension changes

A small majority of employers say they support plans to introduce the automatic enrolment of employees into a workplace pension scheme.

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State pension age could require 'significant' rise

The state pension age will need to rise to 72 over the next two decades if the government wishes to peg retirement costs to the public purse at the same level as existed in 1981.

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