UK business leaders are calling for the Government to prioritise initiatives that help foster a skilled workforce as nearly two thirds of UK CEOs (65%) say a lack of key skills is hampering their growth prospects. A global PwC survey of over 1,300 CEOs reveals UK business leaders are more...
Employer Compliance This is a very important time of year for Employer compliance, with a number of returns due to HMRC in the next few weeks. We have provided a snapshot below of the key returns. Form 42 - unapproved annual share plan reporting For non UK tax favoured share...
PwC has expanded its Higher Apprenticeship recruitment in management consulting, and will recruit into the firm’s Business Recovery Services team for the first time. In total the firm will recruit 109 Higher Apprentices this year, almost a ten percent increase on last year, with Management Consulting vacancies trebling from six...
Too many employers are relying on their payroll providers to support their real time information (RTI) compliance, raising the risk that many won’t be ready in time for the April deadline. This is according to a PwC survey of nearly 200 HR and payroll professionals. Virtually all employers (99%) surveyed...
We ran a short survey at the end of 2012, against the backdrop of the current attention focusing on executive pay from shareholders, Government, regulators and the media, to find out what the impact of the environment was on the way you plan to reward the people leading your organisations....
The impact for employers and employees Carol Dempsey, Partner in our Reward practice, takes a brief look at what the Chancellor might have in store for employers and their employees in his Autumn Statement and the draft Finance Bill clauses. Related Autumn Statement videos Autumn statement predictions - What can...
Following the Government’s proposal to eliminate selected employment rights to help employers react quicker to changes in trading conditions, employees are now being given the opportunity to sell employment rights in exchange for shares in their employer. Details are thin on the ground at this stage but they have caused...
Auto enrolment creates specific challenges for ‘exception’ populations such as contractors, agency workers and particularly expatriates, explains Caroline Jones. For those used to dealing with expatriates from a tax perspective, it is often possible to assess their position retrospectively based upon the length of time spent in or outside the...
While the UK’s first automatic pension enrolment process is undoubtedly a great way to ensure millions of people begin planning for their retirement early on in their careers, for some employers, embedding the operation into their business will be nothing short of a major operational challenge. Although we have seen...
HMRC UK share scheme reviews - HMRC recovering tax and NIC from employers at a rate of 130% The issue? HM Revenue & Customs (HMRC) are actively undertaking PAYE/NIC compliance reviews on share schemes operated by UK employers. The majority of employer operated unapproved share schemes allow employees to exercise...
