The rising legal minimum wage is forcing small businesses to cut back on investment and reduce headcount, a new study has revealed.
Preparing for life after work has become one of the most important considerations for workers as they bid to secure their financial future.
New research has revealed that workers in the UK choose to miss out on £140 million a year in unclaimed work expenses, rather than go through the complex expense claim process.
According to the latest research from the Post Office, just under half (46 per cent) of workers have never checked their personal tax accounts.
HM Revenue and Customs (HMRC) has toughened its stance on debt recovery, by taking money owed to them directly from hundreds of pay packets during the last financial year.
Business owners in the UK are being reminded to take sufficient measures to prepare their businesses for the upcoming changes to legislation regarding payroll, which will come into force on the 6 April 2019.
New regulations come into force today, 02 January 2019, to make companies “justify their pay” for top bosses, the Government has revealed.
According to the latest figures from the Office for National Statistics (ONS), wages rose at the fastest pace in nearly a decade in the three months to September.
Businesses in the UK have less than six months to prepare for important new payroll legislation which will shake up the requirements of employee payslips, it has been warned.