Month: March 2015

National Insurance contributions to be abolished for under 21’s

George Osbourne announced in the 2015 Budget that from 6th April 2015 Employer National Insurance for employees under the age of 21 will be abolished, with the exception of those earning more than £42,285 a year. It is estimated that employers will save £500 per year for each employee under the age of 21 who …

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Gender pay gap reporting to become mandatory in the next 12 months for companies with 250 or more employees

On Friday 6 March 2015, Nick Clegg, secured a government amendment to the Small Business Bill, which will fast-track plans for gender pay transparency. Section 78  of the Equality Act 2010 contains a power for the government to make regulations requiring mandatory gender pay gap reporting. Until now, this power has laid dormant. Instead a …

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UK employment reaches record high!

Official figures out last week from the Office for National Statistics (ONS) showed that employment reached a new record of 30.9 million in the three months to December. At the same time, the number of out of work people dropped by 97,000 to 1.86 million. This was 486,000 fewer than the previous year and helped …

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