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347 of 347 posts
18 January 2012
Compensation & Benefits: New Sharesave bonus rates
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…
18 January 2012
Compensation & Benefits: HM Revenue & Customs update Employee Share Schemes User Manual (“ESSUM”)
HMRC has published updates to the ESSUM including some useful clarifications on SAYE (“Save As You Earn”) and CSOP (Company Share Option Plan) options. Resources HMRC website list of ESSUM…
18 January 2012
Employment: Information Commissioner hikes annual data controller notification fees
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…
18 January 2012
Compensation & Benefits: EMI options
All companies issuing EMI options should note that the relevant HMRC office has now changed address. HMRC’s Small Company Enterprise Centre (SCEC) which deals with the administration of Enterprise Management…
18 January 2012
Compensation & Benefits: Extension to paternity leave revisited – employers fear administrative burdens and scope for fraud
The government will shortly be consulting on proposals to allow fathers to “share” some of a mother’s maternity leave entitlement. Currently fathers are entitled to 2 weeks paid paternity leave…
18 January 2012
Employment: EAT rules “field breaks” count toward annual leave
In an important decision for the oil and gas industry, the Employment Appeal Tribunal ("EAT") has reversed a previous decision that “field breaks”, that is time spent onshore by offshore…
18 January 2012
Compensation & Benefits: New levy on workplace parking
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…
18 January 2012
Employment: Government brings forward review of default retirement age
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…
18 January 2012
International Assignments: Deadline for UK personal income tax returns looms
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…
18 January 2012
Employment: Increase in Statutory Sick Pay and Statutory Maternity Pay rates
The rate of Statutory Sick Pay for qualifying periods of sickness absence commencing on or after 6 April 2009 is £79.15 per week (£15.83 per day for employees with five…