Compensation & Benefits: 3 top ways to achieve legitimate tax efficiencies – and an Invitation

Tax and national insurance rates may be rising and HMRC may be cracking down on avoidance schemes but there are legitimate ways to achieve tax efficiencies. […]

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Compensation & Benefits: National minimum wage set for a small rise

Small increases to the national minimum wage will take effect from 1 October 2009.  The Government has adopted the Low Pay Commission’s recommendations that: the adults rate, for workers aged 22 or over,  should rise from £5.73 to £5.80 per hour; the development rate, for workers aged between 18 and 21, should rise from £4.77 […]

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Compensation & Benefits: OFT takes anti-money laundering (“AML”) role

Some loans made to employees require employers to be licensed under the Consumer Credit Act 1974 to avoid potential criminal liability and to be able to enforce the loan.  The OFT now requires such employers to register with it for AML purposes. The Office of Fair Trading (“OFT”) has announced that persons offering consumer credit […]

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