HMRC has recently announced two significant developments concerning EMI schemes. In particular, a greater number of companies will now be able to take advantage of tax-favourable EMI schemes. […]
Read More… from Compensation & Benefits: Enterprise Management Incentives (“EMI”) schemes
On 29 January 2010, HMRC issued new guidance in its Employee Share Schemes User Manual on the operation of SIPs. […]
Read More… from Compensation & Benefits: HMRC issues new guidance on Share Incentive Plans
Soon after announcing a blanket exemption the EU has revised its proposals […]
On 15 December 2009, the London Stock Exchange published AIM Notice 35, detailing proposed amendments to the AIM Rules. […]
The Apprenticeships, Skills, Children and Learning Act 2009 (the “Act”), the main provisions of which come into force for businesses with 250 or more employees in April 2010, will give certain qualifying employees the right to request time off from work to train or study. […]
Read More… from Employment: New legal right to request time off to train
Employers should take advantage of the scheme now to secure the tax and NIC advantages to 2015 […]
Following consultations in 2009, the regulations implementing the EU Temporary Agency Workers Directive, the Agency Workers Regulations 2010 (the “Regulations”), have been laid before Parliament. […]
Read More… from Employment: New regulations to implement the Temporary Agency Workers Directive
On 15 December 2009, a new version of the Association of British Insurers (ABI) Guidelines was published together with an accompanying position paper on how the Guidelines should be applied […]
Since the introduction of legislation outlawing age discrimination in 2006 employers have generally been advised that “last in first out” or other service-related criteria for redundancy selection are best avoided. However certain employers had binding redundancy selection processes, often negotiated with trade unions and often including length of service as one of a matrix of […]
Read More… from Employment: Using length of service criterion in redundancy selection
Increase to statutory redundancy payment and basic award for unfair dismissal […]
Read More… from Employment: Changes to rates from 1 October 2009