Following a review of the Takeover Code a number of changes were made. Provisions affected by these changes include those relating to employee information rights and buyer intention statements. […]
Category: UK News
Legal and tax advice from non-lawyers must be disclosed
The Supreme Court is to hear the appeal in the ‘Prudential’ case against the decision that legal advice privilege does not extend to non-lawyers. […]
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New arrivals and failure to notify UK tax liability
Until 1 June 2010, foreign nationals or returning UK nationals were required to file a form (P86) informing HMRC of their arrival in the UK and, among other things, their intention with regard to the duration of their stay here. […]
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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”. […]
Employment: Consultation equal treatment of agency workers
Last May the UK government reached an accord with the employees and employers bodies (the TUC and CBI) which broke a 9 year deadlock on the proposed EU Agency Workers Directive. Agency staff to have the same pay and conditions as “end user” employees The Directive proposes new rights for workers who are supplied to […]
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International Assignments: Online filing now mandatory for employers with 50 employees or more – new penalty regime
UK employers with 50 or more employees should submit the following notifications online:
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Employment: The High Court limits damages in wrongful dismissal cases
Court confirms limit on damages for failure to follow contractual disciplinary procedure […]
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