Employees

Majority of employers not ready for pension reforms

Just 20 per cent of the UK’s smaller employers have started to assess the likely financial impact of planned major reforms to the pensions system.

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HMRC to look at centralising PAYE tax system

HM Revenue and Customs (HMRC) is considering proposals that would see the tax authority given the power to calculate and deduct PAYE taxes centrally.

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UK suffers largest pension gap in Europe

The UK has the biggest annual pension savings shortfall of any country in Europe, new research has revealed.

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Immigration caps may hit UK jobs market

Government plans to limit non-EU migration to the UK could have an adverse effect on the economy, it has been claimed.

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HMRC may write off significant sums in tax

HM Revenue and Customs (HMRC) may have to look at writing off £1.5 billion in unpaid tax, it has been claimed.

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Graduate tax would harm UK competitiveness

A mooted tax on graduates would be damaging to the tax competitiveness of the UK economy, the Institute of Directors (IoD) has argued.

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Top rate tax to remain

The UK’s new top rate tax of 50 per cent will remain for the foreseeable future, the Business Secretary, Vince Cable has said.

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EU maternity leave proposals deemed 'unaffordable'

A leading business group has described changes to maternity leave planned by the EU as “unaffordable”.

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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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