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What does the modern company car scheme look like?

Employee Benefits

Modern company car schemes can offer a tax-efficient means to access new vehicles. Car salary sacrifice arrangements are popular with employees due to the low cost and access to low and zero-emission vehicles. year-on-year increase in company cars funded through salary sacrifice to quarter three in 2022.

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The significance of women’s health is increasingly acknowledged in the modern workplace

Workplace Insight

billion women worldwide by 2030. Firms should also provide salary sacrifice schemes to help women set aside pre-tax salary to support their health and wellbeing. Menopause: Over a third of a woman’s life is spent in peri- or post-menopause, affecting 1.2 Shared parental leave is also a must.

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What you should know about the House’s new 401(k) legislation

Business Management Daily

all-new 401(k) plans would be required to auto-enroll employees; employees would need to opt-out to get their full salary. Editor’s note: Newly covered employers would be entering a thicket of ERISA and tax rules the likes of which they never could have anticipated. Tax credits for start-up costs. Under SECURE 2.0, SECURE 1.0’s

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Payroll in the last 12 months: wage theft, legislation, natural disasters and global crises

Ascender

Some of the legislation updates we have seen in the past year are: Australia: Annualised salary changes. On March 2020, the Fairwork Commission introduced changes to annualised salaries , affecting over 22 modern awards including the Clerks Private Sector Award 2010. China: Income tax system overhaul.

Payroll 52
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Payroll and the financial year that was: wage theft, legislation, and crises

Ascender

Some of the legislation updates we have seen in the past year are: Australia: Annualised salary changes. On March 2020, the Fairwork Commission introduced changes to annualised salaries , affecting over 22 modern awards including the Clerks Private Sector Award 2010. China: Income tax system overhaul.

Payroll 52
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Professor Peter Wells: There’s never been a better time for employers to go electric

Employee Benefits

There are major savings to be had for individuals, including with the plug-in car grant, benefit in kind, and salary sacrifice schemes , while several car manufacturers are offering to help with free installation of domestic charge points. In short, the momentum is unstoppable.

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Top 20 Employee Management Software in 2023

Empuls

By 2030, its value is predicted to reach USD 12.5 during the forecast period (2022-2030). Key features Payroll processing and tax filing Time and attendance tracking Talent management Custom implementation services Reporting and insights Pros It has a robust and comprehensive feature set. billion, expanding at a CAGR of 6.5%