It is currently being debated by Parliament. […]
Category: Compensation and Benefits
Budget 2012 gives boost to EMI Options
Being able to access the 10% effective rate of tax through Entrepreneurs’ Relief and a raise in limits breathes new life into EMI. […]
UK Budget 2012 – Income tax overview
On 21 March 2012 the UK Chancellor of the Exchequer announced a raft of measures affecting income taxation in a fiscally neutral budget. […]
HMRC changes its approach to imposing P35 penalties
Following its losses in a number of recent cases and discussions with professional bodies, HMRC has agreed to change the way in which it seeks penalties for the late filing of form P35. […]
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High Pay Centre launched to monitor executive pay
Following announcements by Vince Cable, the Business Secretary, a new independent think tank has been launched to monitor executive pay. […]
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Reforming executive pay – Government proposals and investor concern
There have been a number of recent developments with regard to executive pay. These are summarised below. […]
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Compensation & Benefits: Normal minimum pension age set to rise to 55 from 6 April 2010
As a general rule a member of a UK registered pension scheme must reach a specified age before he can draw his pension, the normal minimum pension age (“NMPA”). This will rise from 50 to 55 on 6 April 2010. […]
Compensation & Benefits: Government issues concession on childcare vouchers, “not a U turn”
In our previous newsletter, we reported that the Government was planning to remove the existing tax and National Insurance Contributions (NICs) exemptions on childcare vouchers (see link to article in Resources below) from 2011. […]
Compensation & Benefits: FRC issues final report on corporate governance and commences consultations on draft revised Combined Code and a new stewardship code
Current Combined Code is “broadly fit for purpose”. […]
Compensation & Benefits: Report published on risk governance in non-financial service companies
Backing from ICAEW for a “hands-off approach to the non-financial sector […]