By now everybody who is employed should have received a P60 document. It is compulsory for an employer to provide their employees with this document by the 31st May. (more…)
For a full time worker, calculating holiday pay is straight forward; workers who work a 5-day week must receive at least 28 days paid annual leave per year. (This is the equivalent of 5.6 weeks).
Sage Online Payslips/P60s keeps your payslips and P60s processes simple and straightforward, and is a great alternative way to produce your payslips and P60s.
The safe, secure online portal allows your employees to access their payslips and P60s online, 24/7 from any device. (more…)
What does this mean for you as an employer?
If you currently have a voucher scheme in place, you can continue to join new members until October 2018 (or for as long as you keep the scheme open) although employees who wish to join after this date will be unable to. (more…)
National minimum wage rates for all ages and apprentices are increasing from 1 April 2018. (more…)
Data released by The Pensions Regulator showed the total number of employers to have completed their declaration of compliance stood at 1,032,567 in the first month of 2018. (more…)
Due to administrative errors carried out over a number of years, some scheme members savings have not been collected from employers and therefore not been invested. As a result the TPR has fined the trustee (NOW: Pension Trustee Limited) a total of £70,000 for its failings. (more…)
If your pension scheme is being used for automatic enrolment, as from the 6 April 2018, all employers by law will be required to increase the minimum contribution that they currently pay into their employee’s pension scheme to at least 2% and employees will have to increase their contributions to 3% to bring the total minimum contribution to 5%. (more…)
Charity group Young Women’s Trust polled 4,010 people aged between 18 and 30, finding the average young worker is paid £3.45 an hour less for doing the same work as older people.
Over the course of the year, younger workers are receiving £6,279 less than their older colleagues. (more…)
Inspection teams have been visiting dozens of businesses in Cardiff, Newport, Caerphilly, the Vale of Glamorgan and Rhondda Cynon Taf to check that qualifying staff are being given the workplace pensions they are entitled to.
The move is part of a nationwide enforcement campaign by The Pensions Regulator (TPR) which began in London in April to ensure employers are meeting their automatic enrolment duties correctly. (more…)