Tag Archive: salary sacrifice schemes

  • Statutory Rates, Salary Sacrifice, Apprenticeship Levy and Modern Slavery

    Rate changes, Shared Parental Leave, Statutory Adoption changes and Unpaid Parental Leave extension

    Welcome to my first employment news update of 2017. Over the coming months, please be reassured that I’ll be interpreting and translating employment law changes and finding out what is most relevant to you and your business! National Living Wage and National Minimum Wage Increases (April 2017) The National Living Wage will increase to £7.50 per hour. The National Minimum Wage for 21-24 year olds will increase to £7.05 per hour; for 18 to 20…

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  • Autumn Statement Impact on Small Business Employers

    Autumn statement Impact on Small Business Employers

    The 2016  Autumn Statement is the first major economic statement from the government since the Brexit vote. To save you time, here is a summary of the main news and information likely to affect small business employers: Living Wage The Living Wage will rise from £7.20 to £7.50 from April 2017. Tax-Free Personal Allowance The tax-free personal allowance will increase from £11,000 to £12,500 and the higher rate threshold to £50,000, by…

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