Changes to Salary Sacrifice Schemes

Changes to Salary Sacrifice Schemes

From 6 April 2017 the Government are limiting some salary sacrifice arrangements – this will limit the number of benefits for which there are tax & NI contribution advantages when managed under a salary sacrifice scheme. Schemes for pension saving, certain...
Changes to Salary Sacrifice Schemes

Statutory Pay Rate Increases

As well as the minimum wage rate increases we wrote about on here the other day, new limits come onto force for statutory pay rates on 6 April 2017 as follows: Maternity / Paternity / Adoption / Shared Parental Pay – rises to £140.98 per week Statutory Sick Pay...
GCSE Grades are changing this year

GCSE Grades are changing this year

Grades for GCSE are changing from the A to F system to a 9 to 1 system.If you are an employer and you recruit younger employees (maybe apprentices) you need to be aware of this. It’s being phased in gradually – this year some students are receiving grades...
Changes to Salary Sacrifice Schemes

Minimum Wage Update

From 1 April 2017 the National Minimum Wage rates increase as follows: £7.50 per hour – 25 yrs old and over (new rate for over 25s was introduced April 2016 and referred to as the complusory National Living Wage) £7.05 per hour – 21-24 yrs old £5.60 per...