The Pensions Regulator’s (TPR’s) latest Automatic Enrolment (AE) report contains the most recent figures on how employers are meeting their legal duties. It also gives an insight into the changing nature of the AE landscape, as smaller employers start to automatically enrol their staff into workplace pensions. Where TPR had to issue fines, it was…

Date posted: April 28, 2016

From 6 April 2016 a new exemption removes liability to income tax for low value Benefits in Kind (‘trivial BiKs’). This new exemption is being legislated as part of Finance Bill 2016 (FB16) and is subject to Parliamentary approval. The previous administrative practice where employers could agree with HMRC that certain BiKs could be treated…

Date posted: April 21, 2016

After the recent Budget there has been some changes to NI contributions, here is the news from HMRC employer bulletin: Contracting-out of the additional State Pension on a defined benefit (DB) basis ended on 5 April 2016. This means that from 6 April employees will automatically be brought back into the State Pension scheme and…

Date posted: April 14, 2016

He was virtually laughed out of the Den when he brought his Trunki children’s travel case before the Dragons. But fast forward 10 years, and businessman Rob Law has made millions from his suitcase solution and is looking to repeat his success with a brand new travel bag. The Jurni is a hand-luggage sized case…

Date posted: April 7, 2016