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UK news [Latest]
October 2020What is a Collective Defined Contribution Scheme and what are the advantages?
A new breed of pension scheme known as a Collective Defined Contribution Scheme (or Collective Money Purchase) may commence in the UK from 2021. It is an alternative to both Defined Benefit and Defined Contribution schemes.
October 2020COVID-19 Guidance for sponsoring employers of defined benefit pension schemes
COVID 19 has no doubt added to the financial difficulty for sponsoring employers of defined benefit pension schemes, and in particular meeting contribution payments under Schedules of Contributions agreed with the trustees. The Pensions Regulator issued guidance for scheme trustees which was published on 27th March 2020 and updated on 16 June 2020.
October 2020Briefing Note - Job Retention Bonus
The government has published a Treasury Direction and associated Guidance covering the Job Retention Bonus (JRB) announced in July. Claims can be made from 15 February 2021 until 31 March 2021. The amount is paid to the employer, not the employee and is subject to tax.
September 2020COVID-19: Impact on Employee Share Plan Schemes
The impact of Coronavirus (COVID-19) on employee share plan schemes, including EMI.
September 2020Home Office Immigration Guidance UK COVID-19 Lockdown
The UK’s Home Office are now regularly updating their guidance for immigrants in the UK and those wanting to make applications to come here.
September 2020Self Isolation & the Workplace
The government has issued new regulations containing obligations for workers who are required to self isolate.
September 2020Coronavirus Job Support Scheme
The Job Support Scheme was announced by the chancellor on 24th September 2020 and a factsheet with some detail has been published by HM Treasury. Key are some key points you should know.
August 20205 ways a Global Mobility Team can support businesses through uncertain times
Amid the unprecedented impact of the Global Coronavirus (COVID-19) pandemic, a global mobility strategy has never been more important.
July 2020Coronavirus (COVID-19): Guide to Redundancies
Employers will be considering whether they will be able to continue employing staff after the Furlough Scheme and redundancies as a result of the COVID-19 pandemic will inevitably be one possible course of action.
July 2020COVID-19: Visa Applications
The latest guidance on visa applications and what this means for those impacted by the Coronavirus (COVID-19) pandemic. COVID-19 Visa Applications September 2020.