Oct 30, 2024 · Autumn Budget 2024: The government is to increase the employment allowance from £5,000 to £10,500 and remove the £100,000 threshold from April 2025.. Chancellor of the Exchequer Rachel Reeves announced these measures in the Autumn Budget.

DVV Media International. Registered in England and Wales no. 07464854. Registered office 1st Floor Chancery House, St Nicholas Way, Sutton, Surrey SM1 1JB

Oct 30, 2024 · Autumn Budget 2024: The government is to increase the rate of employer national insurance contributions (NICs) by 1.2 percentage points to 15% from 6 April 2025.. This will mean employers will have to pay 15p in NIC for every £1 paid to an employee. In addition, the NIC per-employee secondary threshold at which employers start to pay NI will be reduced from £9,100 per year to £5,000 per year.

Jul 5, 2010 · If you read nothing else, read this . . .Views on bonuses can differ from country to country, and region to region, as well as between organisations.Labour markets, costs of living and exchange rates must be considered when setting an international bonus structure.Rewarding individuals for the right behaviour as well ...

Credit: elina.nova/ShutterstockWhat are master trust pension schemes?Master trusts are defined contribution pension schemes, set up under trust law, which allow multiple employers that are unconnected with one other to participate. Each employer can set its own employer and employee contribution rates and usually has its own named section of the ...

Jul 29, 2024 · The Court of Appeal has upheld the High Court’s ruling that a written actuarial confirmation was required where an alteration to the Virgin Media scheme’s rules affected pension benefits for past or future service benefits.. This was in relation to section 9(2B) contracted-out rights and was based on the relevant legislation between 6 April 1997 and 6 April 2016.

Jun 17, 2024 · What are corporate eyecare schemes? Looking after employees’ eye health delivers several benefits to employers. As well as helping meet their duty-of-care requirements, offering employees a regular eye examination can be …

Sep 16, 2024 · University College London has announced that it will award non-clinical staff a pay increase in their September salary payment following negotiations between the Universities and Colleges Employers Association (UCEA).. Backdated to 1 August, full-time non-clinical staff on the national single pay spine will receive a £900 uplift on base salary.They will also receive another pay rise up to the ...

Oct 23, 2023 · What are health cash plans? The origins of health cash plans can be traced back to the 19 th century when they were originally provided by charitable or non-profit organisations. As a support system that pre-dates the creation of the NHS in 1948, cash plans helped employees pay for their various healthcare needs.

Jan 30, 2017 · The facts: What is corporate gym membership?This can be offered to staff by their employers on a paid-for or discounted basis, providing access to a gym, health club, leisure or sports centre, or even exercise classes, as part of a voluntary or flexible benefits package.