Vale & West Chartered Accountants Blog

Category Archives:Carole Holt

Private firms should start preparing now for IR35

According to recent research, private firms that employ contractors could experience major disruption when changes are made to IR35 and Off-Payroll working rules in April 2020, as tax liability changes will affect national insurance and significantly increase the cost of hiring them. Read More

Monthly payroll causes problems for employees

Recent research has found that the cash flow constraints of having to wait for a single day every month to receive wages can be dangerous to the financial wellbeing of employees. Read More

Labour market outlook buoyant but salaries remain stagnant

A recent report suggests that despite ‘challenges’ in recruitment and retention, the jobs market is continuing to boom, although a significant number of salaries remain stagnant. Read More

Biggest rise ever for National Living Wage

On Monday 1 April, around 1.8 million workers received a pay rise of almost five per cent as the National Living Wage (NLW) increased from £7.83 to £8.21, which is the equivalent of an extra £690 per year. Read More

Early access to wages

There are now a number of apps on the market that allow employees to access a percentage of their salary before payday for a small fee. They all work in slightly different ways, but most interact with the employers’ time and attendance systems to calculate how many hours an employee has worked and what that is worth. Read More

Workers not getting the rights they deserve

According to the latest labour market figures, real wages are still 1.9 per cent lower than they were a decade ago and 844,000 workers in the UK are stuck on zero-hours contracts. Read More

Pension contribution hike to hit take-home pay

Millions of workers could see a decrease in their take-home pay from April 6 2019 when the amount they have to pay into their pension plan increases by 2 per cent under auto-enrolment. Read More

CIPD warns against banning zero-hour contracts

The Chartered Institute of Personnel and Development (CIPD) has warned that calls to ban zero-hours contracts could actually be counterproductive, as it could lead to some people giving up work altogether. Read More

Apprenticeship levy must be more flexible

The Women and Work All Party Parliamentary Group (APPG) have taken up a recommendation to broaden the apprenticeship levy so that it can be used as a training and skills levy to give women more opportunities in the jobs market. Read More

Employees looking for different things

A recent survey has found that 97 per cent of employers agree that the workplace expectations of employees in firms of all sizes are changing rapidly, and this means that many employers will have to change what they offer in order to keep and recruit staff. Read More

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