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Does crypto currency have a role to play in employers’ pay strategies?

Employee Benefits

Need to know: Crypto currency is still unusual in pay strategies with early adopters predominately technology businesses and the professional services firms that support them. Crypto currency is subject to income tax when an employee receives it but could also incur a capital gains tax charge if they hold it for more than 30 days.

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FitFlop introduces salary sacrifice nursery scheme

Employee Benefits

The scheme, which is offered in partnership with WorkPlace Nursery, will enable employees to pay for nursery fees through a deduction from their gross pay, which will save on tax and national insurance contributions (NICs). There is a minimum requirement for nursery fees to be at least £650 per month before participation in the scheme.

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The Pros and Cons of Standalone Overseas Employees in the Remote Work Era

Hppy

It started in the 1970s when IBM tested out its effectiveness in home telecommuting , but it wasn’t until technology became powerful and commonplace that day-to-day companies saw it as feasible. Challenges for Businesses Legal and tax implications The biggest headache when hiring overseas is compliance with local laws.

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What innovations have payroll providers delivered in 2022?

LACE Partners

In this week’s blog LACE Partners consultant Alex Oliver summarises what innovations in payroll 2022 has seen for key industry players. Just as it started to feel like things were on the way back to normal, businesses are once again navigating choppy waters as global economic shocks slow the tentative post-pandemic recovery.

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