On 8 April 2010 the Bribery Bill received Royal Assent. No date has yet been set for the new Act to come into force, however it represents a complete overhaul of corporate obligations in relation to bribery and corruption. The maximum penalty for offences under the Act is 10 years’ imprisonment or an unlimited fine […]
Read More… from Employment: New criminal offences to counter corporate corruption
Employees participating in HMRC approved Sharesave schemes are required to save a certain amount from their net pay, normally monthly. The arrangement will normally include an entitlement to a bonus which is equal to a guaranteed number of monthly contributions […]
Read More… from Compensation & Benefits: New Sharesave bonus rates
HMRC has published updates to the ESSUM including some useful clarifications on SAYE (“Save As You Earn”) and CSOP (Company Share Option Plan) options […]
It is a legal requirement for organisations to register with the Information Commissioner if they process personal data relating to living individuals. As the definition of “processing personal data” is wide enough to include holding of names on customer lists and employee payroll details, every business is “data controller”. The registration is renewable annually. […]
Read More… from Employment: Information Commissioner hikes annual data controller notification fees
Form EMI1 must be submitted to SCEC within 92 days of an EMI option grant. Delays caused by using the wrong address could result in the option failing to qualify as an EMI option. […]
The government will shortly be consulting on proposals to allow fathers to “share” some of a mother’s maternity leave entitlement.
[…]
Employment: EAT rules “field breaks” count toward annual leave […]
Read More… from Employment: EAT rules “field breaks” count toward annual leave
On 1 October 2009 new regulations come into effect that will allow local authorities in England (excluding Greater London), to introduce schemes under which employers and educational establishments will be charged for each parking space they provide. […]
Read More… from Compensation & Benefits: New levy on workplace parking
The government has announced that the review of the default retirement age (“DRA”), originally scheduled for 2011, will be brought forward to 2010. It is expected that any changes to the DRA will not be implemented until 2011. […]
Read More… from Employment: Government brings forward review of default retirement age
Tax payers who are required to file a 2008/09 UK personal income tax return and are planning to file a paper return have until midnight on Saturday 31 October 2009 to submit their return to HM Revenue & Customs. […]
Read More… from International Assignments: Deadline for UK personal income tax returns looms