The Government has announced that new legislation requiring companies to report on their gender pay gap will include an obligation to provide information on bonuses awarded to both men and women. Scrutiny will be placed on the criteria on which bonuses are awarded, to ensure they are fair and equal. […]
Read More… from Gender pay gap reporting now to include bonuses
The second budget of 2015 in many ways continues previous trends as the UK government looks to incentivise people into work, reduce state benefit and deficit bills and promote the UK as “open for business”. However there was one major surprise announcement impacting employers with the introduction of a new National Living Wage. Aside from this headline grabbing measure we saw a continued focus on reducing tax reliefs for the highest earners and the crack down on tax avoidance. […]
Read More… from Summer Budget 2015 – Key announcements relevant to UK Employers
The long awaited decision regarding the former UK retailers Woolworths and Ethel Austin has been handed down by the European Court of Justice (ECJ). The ECJ decided that each store could be a separate ‘establishment’. […]
Read More… from European court decision on the Woolworths case and collective redundancies
The Upper Tax Tribunal has dealt another blow to HMRC in its battle against tax avoidance schemes, by overturning the judgement of the First-tier Tribunal in the Tower Radio/Total Property Support Services case. […]
Read More… from Tax avoidance involving employment-related securities – another defeat for HMRC
New updates have been made to the Finance Bill 2015: we’ve produced a summary of the key points. […]
Read More… from Cutting the red tape: Autumn Statement tax update for HR professionals
The Financial Reporting Council published final revisions to the UK Corporate Governance Code which applies to UK listed companies for accounting periods starting on or after 1 October 2014. […]
Read More… from Directors’ remuneration: FRC publishes revisions to UK Corporate Governance Code
Jonathan Fletcher Rogers discusses the extent to which the Ramsey principle can be applied to tax avoidance schemes using employee bonuses, in an article first published in Tax Journal in May 2014. […]
Read More… from Employee bonuses—Court of Appeal upholds avoidance schemes
Jonathan Fletcher Rogers’ article exploring the importance of employee incentives before and after a flotation. […]
The UK tax authorities have achieved a significant victory in their battle to crack down on tax avoidance schemes involving employee remuneration. […]
Read More… from Another victory for the UK Revenue against income tax avoidance
The Chancellor’s Autumn statement provides some welcome news for both employers and employees. Many of the employment tax measures reflect the government’s priorities of promoting employee share ownership, simplifying the tax system and cracking down on tax avoidance. […]