According to research from PwC (PricewaterCooperhouse) payroll errors cost the average FTSE 100 company between £10m and £30m per year. This statistic forms part of the findings of PwC’s report ‘Making payroll pay: Managing risk and compliance in an unprecedented era of change’. With employment taxes now globally the largest source of government income, contributing on average 38% of the global total tax take and 43% of government revenues in the UK, payroll is coming under … [Read more...]
Archives for November 2015
OSBORNE’S AUTUMN STATEMENT : WE STILL DON’T KNOW THE DETAILS OF THE RESTRICTIONS FOR TRAVEL & SUBSISTENCE!
OSBORNE'S AUTUMN STATEMENT : WE STILL DON'T KNOW THE DETAILS OF THE RESTRICTIONS FOR TRAVEL & SUBSISTENCE! GOVERNMENT ANNOUNCEMENT AT THE AUTUMN STATEMENT Although we already knew changes to Travel & Subsistence were afoot, we are no nearer to understanding what exactly these changes are and how they will affect the contracting sector. The Autumn Statement presented by George Osborne today, provided a brief statement surrounding Employment Intermediaries and Tax relief for travel and … [Read more...]
How is the National Living Wage is expected to affect employers?
How is the National Living Wage is expected to affect employers? Since Osborne’s announcement during the Summer Budget of the introduction of the National Living Wage due to roll out in April 2016, there has been mixed feedback from employers across all sectors. With some leading household companies such as Lidi, Starbucks and Amazon, already introducing the National Living Wage increase, others are left considering the true impact this will have on their business. The professional body for HR … [Read more...]
NHS criticised by recruitment trade bodies after rush to action shift work cap
NHS criticised by recruitment trade bodies after rush to action shift work cap. Leading recruitment industry trade bodies REC & APSCo have criticised government, after the NHS have been provided with insufficient time to introduce changed contracts, that comply with the new cap on the amount recruiters can charge per shift for NHS agency workers. The change in contract to comply with the new cap, is due to be implemented gradually from 23 November 2015, after consultations closed on Friday … [Read more...]
The future of IR35
Thoughts surrounding governments plans for the future of IR35 After two leading newspapers reported shocking news surrounding the future of IR35, trade body ASPCo have voiced their views on this hot topic. The article published by both the Guardian and Daily Mirror, discloses governments ministers thoughts surrounding IR35. It seems that ministers are considering all contractors working with a client for over one month must be placed onto the books. We have seen mixed reaction from the public, … [Read more...]
With missed recruitment targets and continued teaching shortages – are we going to see a teaching crisis?
With missed recruitment targets and continued teaching shortages - are we going to see a teaching crisis? For the third year in a row targets for new trainee teachers in England have been missed. These figures support ongoing concerns within the education sector of a recruitment crisis. This year saw 28,148 graduates start initial teacher training courses, which is 94% off the target set in place. With the population increase due to hit the secondary education schools next year, with an … [Read more...]
Teacher training group seek recruits from Southern Europe due to top graduate shortage
Teacher training group seek recruits from Southern Europe due to top graduate shortage. Teacher training group SNITT (Suffolk & Norfolk Teacher Training) latest campaign aims to attract the ‘untapped talent’ of graduates from Southern Europe including Italy, Portgual and Greece, who hope to become teachers. Attracting top graduates to certain subjects can be very challenging. This project will support graduates gain professional teaching qualifications in areas such as maths, physics, … [Read more...]
HMRC Tax Office jobs could be at risk across Wales
HMRC Tax Office jobs could be at risk across Wales. It has been announced that HM Revenue & Customs will today provide staff in Cardiff, Swansea, Wrexham and Porthadog with ‘direction of its estate’, as employees fear that over 600 jobs could be lost by closing three of the offices and centralising the organisation in Cardiff. With the Wrexham office currently employing around 350 staff, Swansea 300 and the Welsh-language call centre in Porthmadog housing 20 workers, this announcement could … [Read more...]
ePayMe Payroll Solution Newsletter – November
ePayMe Payroll Solutions Newsletter - November EPAYME'S NEW LOOK What do you think? October has been an exciting month for the ePayMe team, with the launch of our new branding and the announcement of our partnership with Tommy Hill for the new 2016 BSB team - ePayMe Yamaha. ePayMe's new branding has been rolled out across all platforms and is the beginning of a new ePayMe. So what else has been happening in the payroll and employment world. OSBORNE'S PAYROLL PLANS SLAMMED BY UMBRELLA … [Read more...]
Trainee primary teachers bursaries due to be cut
Trainee primary teachers bursaries due to be cut It has been reported that bursaries for trainee primary teachers across England will be cut from next year. This announcement has created a storm within the education sector, fearing that it could lead to a teacher recruitment crisis. With suggestions from TES that these plans could affect more then 50% of trainee teachers in the primary education sector, bursaries will be one third of the value for new starters in 2016. The department for … [Read more...]