Vale & West Chartered Accountants Blog

Category Archives:Wages

HMRC takes new measures to toughen stance on debt recovery

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. Read More

Businesses reminded to take steps to prepare for upcoming payroll changes

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. Read More

Employment and overall wages hit record highs

In November, Britain saw the largest rise in overall real wages since September 2016, raising the spending power of the average British worker to the highest it has been in two years. Read More

New reporting measures governing top executive pay come into force

New regulations come into force today, 02 January 2019, to make companies “justify their pay” for top bosses, the Government has revealed. Read More

Wages showing fastest increase in almost a decade

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. Read More

Millennials hit hardest by financial crisis

According to figures from the Institute for Fiscal Studies (IFS), earnings for UK workers are still lower than they were in 2008, having failed to recover in the decade since the financial crisis, with millennials the hardest hit. Read More

More than a third of SMEs offering flexible working to reduce absenteeism, study finds

Over a third of small and medium-sized enterprises (SMEs) are offering flexible working hours in a bid to support their staff, compared to just under a quarter of larger firms. Read More

Government ‘names and shames’ employers found to have underpaid workers

The Government has today ‘named and shamed’ a further 239 employers found to have paid workers less than the National Minimum Wage. Read More

Rising inflation and pension deficits could have an impact on pay levels

Employee pay will return to pre-crisis levels by 2017 if current economic trends continue, a think tank has predicted; however, rising inflation and pension deficits risk pushing the prediction off-course. Read More

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