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Latest guidance for employers
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HMRC has published the latest issue of the Employer Bulletin. The October issue has information on various topics, including: guidance for employers on RTI reporting obligations for payments made early at Christmas how salary sacrifice affects National Minimum Wage PAYE charge queries notice of change to effective date of new data requirements on employees’ hours the… Read more…
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10,000 boost State Pension with online payments
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More than 10,000 payments worth £12.5 million have been made through a new digital service to boost people’s state pension, HMRC has revealed. People have until 5 April 2025 to maximise their state pension by making voluntary National Insurance contributions (NICs) to fill any gaps in their NICs record between 6 April 2006 and 5… Read more…
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New Growth and Skills Levy must end ‘cycle of failure’
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The new Growth and Skills Levy must end the ‘cycle of policy failure’ in addressing Britain’s chronic skills shortages, according to the Resolution Foundation. The think tank says the government must get its design and implementation right if it’s to boost the number of apprenticeships after years of decline and ensure that Levy funds go… Read more…
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Make Work Pay threatens employment and growth warns FSB
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The government’s Make Work Pay Bill lacks a pro-growth element and will increase economic inactivity, the Federation of Small Businesses (FSB) has warned. The business group says that the legislation, particularly around day one dismissal rights, risks deterring small employers from taking a chance on someone who has had a significant period out of the… Read more…
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New tipping law comes into force
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Businesses have been banned from withholding tips or service charges from their staff under new rules that came into force on 1 October. All tips, whether in cash or by card, must now be shared between workers by law in Britain, with millions of workers such as those working for cafes, pubs, restaurants, taxi companies… Read more…
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National Living Wage rises by 6.7%
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Over three million workers will receive a pay boost after Chancellor Rachel Reeves confirmed the National Living Wage will increase from £11.44 to £12.21 an hour from April 2025. The 6.7% increase is worth £1,400 a year for an eligible full-time worker. The National Minimum Wage for 18 to 20-year-olds will also rise from £8.60… Read more…
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Autumn Budget – the business reaction
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Business groups have reacted to Chancellor Rachel Reeves’ Autumn Budget speech. The Confederation of British Industry (CBI) said that the Chancellor ‘had difficult choices to make to deliver stability for the economy’. Rain Newton-Smith, Chief Executive of the CBI, commented: ‘A more balanced approach to our fiscal rules which prioritises capital investment should help to… Read more…
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Chancellor promises to drive growth and raises £40 billion in taxes
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Chancellor Rachel Reeves pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’ in the Autumn Budget. The Budget, which was Labour’s first in over 14 years and the first ever delivered by a female Chancellor, saw £40 billion in tax announcements. Ms Reeves repeated her claims that the government had inherited a… Read more…
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Celebrating Our Win at the 2024 Robotics and Automation Awards
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We are thrilled to announce that System Holdings, our parent company, in partnership with Intellect AI, has been named the winner in the “Innovative Use of Software and IT” category at the prestigious 2024 Robotics and Automation Awards. The ceremony, held on November 6th at the iconic De Vere Grand Connaught Rooms in London, brought… Read more…
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