employees Archives - WRLO Accountants

Employment reforms continue to stifle business hiring intentions

WRLO Accountants — Tue, 01 Apr 2025 09:46:38 +0000

The government’s employment reforms are causing employers to put their hiring plans on hold, according to the Institute of Directors (IoD). The IoD noted that there was a small increase in payrolled employees in the latest Labour market data released by the Office for National Statistics (ONS). Estimates for payrolled employees in the UK increased by 9,000 between December 2024 and January 2025, said the ONS. However, the ONS data also showed static job vacancies and increase in the unemployment rate. Alex Hall-Chen, Principal Policy Advisor for Employment at the Institute of Directors, said: ‘Our data shows that half of business leaders facing higher National Insurance bills plan to reduce employment in response, and that business hiring intentions over the next year remain around lows last seen at the height of the Covid-19 pandemic. ‘The government missed an opportunity at Report Stage of the Employment Rights Bill to show that it has listened to business feedback about how to avoid the reforms damaging employment prospects. ‘The government’s Better Regulation Action Plan is a welcome shift in narrative, but such commitments will ring hollow if the principles are not first applied to its plans to increase the regulation and cost associated […]

The post Employment reforms continue to stifle business hiring intentions appeared first on WRLO Accountants.

Latest guidance for employers

WRLO Accountants — Fri, 03 May 2024 09:46:20 +0000

HMRC has published the latest issue of the Employer Bulletin. The March issue has information on various topics, including: PAYE Settlement Agreement payment reporting expenses and benefits for the tax year ending 5 April 2024 mandating the payrolling of benefits in kind from April 2026 PAYE tax calculator basis period reform — reporting on a tax year basis claiming tax relief on work related expenses — don’t get caught out by bad tax advice. Please contact us for help with tax matters. Internet link: Employer Bulletin

The post Latest guidance for employers appeared first on WRLO Accountants.

Latest guidance for employers

WRLO Accountants — Fri, 01 Mar 2024 18:55:35 +0000

HMRC has published the latest issue of the Employer Bulletin. The February issue has information on various topics, including: 2024 National Insurance contributions rate changes end of year reporting basis period reform simplifying the reporting of income tax and National Insurance contributions on benefits in kind Help for Households upcoming changes to Paternity Leave and Pay. Please contact us for help with tax matters. Internet link: Employer Bulletin

The post Latest guidance for employers appeared first on WRLO Accountants.