HMRC have released figures that reveal self-employed pension savings have hit record lows across 2019/2020. Since 2012 to 2013, non-eligible employee participation has increased to 34%. However, this has declined for the self-employed to 16%.In 2019/20 self-employed people paid around £830m into their personal pensions. Though, this figure is down from the £1.15bn paid in the previous year.It is thought that due to the COVID-19 pandemic, this figure would have reduced even further … [Read more...]
Travelling to work now counts as work, rules European Court of Justice
Time employees spend travelling between work and home should legally count as working time, according to the European Court of Justice.The highest court in Europe has ruled that workers who do not operate from a permanent workplace should be able to charge employers for the time taken to commute to work, which they are currently not permitted to do. The controversial ruling will impact millions of workers and their employers. Most employees will be pleased with the ruling, as … [Read more...]