Employee Benefits
MARCH 4, 2024
Credit: Natata/Shutterstock Need to know: The abolition of the pensions lifetime allowance in April will require an overhaul of employee communications, and a revaluation of pension scheme design and administration, including opportunities to simplify the scheme and reduce the cost of running it.
Employee Benefits
NOVEMBER 8, 2022
Prime Minister Rishi Sunak has appointed Laura Trott MBE as minister for pensions, after predecessor Alex Burghart officially held the role for less than one month. Trott was appointed on 27 October, and the Department for Work and Pensions (DWP) made the announcement on 7 November via its official Twitter account.
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Money Talk
JULY 29, 2022
bank and investment accounts, pension, Social Security) should have a two-factor (a.k.a., Keeping current” also means paying attention to scams that feed off current events such as COVID-19, tax season, wars, and natural disasters. Another common scam is phone calls and e-mails claiming to be from a bank.or Social Security.or
Employee Benefits
JULY 11, 2023
Workplace Pension A substantial pension plan with generous employer contributions represents one of the most valuable employee perks, ensuring a secure future in an employee’s retirement years. The remaining amount is covered by employees from their post-tax salary. for companies with 25-49 employees in 2016.
cipHR
MAY 24, 2022
Read on to learn how they supported CIPHR Payroll customers – including seven new clients who have just joined the CIPHR family – as well as a quick summary of the legislative changes that have taken effect for the 2022/23 tax year. Recap of changes for the 2022/23 tax year. Scottish income tax is determined by the residency.
Employee Benefits
NOVEMBER 6, 2023
Healey returned to work in May 2016 but required more treatment in 2017 as the cancer had returned, and was then off until early 2019. Anne Healey worked as an early years specialist for the council’s schools improvement service since 2012 after a teaching career. Lancashire County Council has been contacted for comment prior to publication.
Employee Benefits
SEPTEMBER 20, 2023
According to Office for National Statistics’ (ONS) figures, a quarter (24%) of people living in the UK will be aged 65 or older by 2042, up from 18% in 2016. Are there any tax or legal issues for employers and employees? In this case, the premiums the employee pays do not qualify for tax relief.
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