George Osborne delivered his seventh Budget as chancellor on 8 July 2015 Personal taxation and pay New national living wage will be introduced for all workers aged over 25, starting at £7.20 an hour from April 2016 and set to reach £9 by 2020 – giving an estimated 2.5 million people an average £5,000 rise […]
Archive | Pension
Budget 2015 – “PRE-ELECTION”
George Osborne has delivered his sixth Budget as chancellor the last of the current Parliament.. are there more to come if they win the election again????? Here is a summary of the key announcements in his statement. Pensions The lifetime allowance for pension savings that can be accumulated free of tax will be cut from […]
Workplace Pension
By Munna Manji on July 2, 2015 in Auto enrolment, Auto enrolment requirements, Autoenrolment, Autoenrolment requirements, Payroll, Pension, Pension regulator, Pensions, Real Time Information, RTI, Salaries, Workplace pension
New legislation on workplace pension will affect every employer with staff working for them in the UK. This brief guide is designed to give an overview of the new duties and spells out how we can help with the process. What to do first Find out your ‘Staging Date’ – Each employer has a ‘Staging […]