Tag: policy

Government considering simplifying deductions from termination payments

The government is to look at simplifying deductions from termination payments in response to a recent consultation. Last year, the Office of Tax Simplification concluded that the current tax system for termination payments was complex, unfair and increased the likelihood of tax avoidance. Errors or disagreements with HMRC occur easily and mistakes are expensive. Currently non-contractual termination payments (such as for redundancy) are not liable for NICs and are tax free below £30,000, but contractual ones are fully subject to income tax and NICs.

Read More


Have you experienced symptoms of burnout due to your career?

View Results

Latest Tweets

  • Research showed that over seven in 10 Black employees felt they had faced barriers in recruitment which was twice a… ,
  • RT : Vocational skills will never be equal to academic qualifications unless businesses make it happen, says… ,
  • New research shows the damaging effects COVID-19 has had on disabled employees with over seven in 10 being impacted… ,
  • Research shows that just over half of employers think that their workforce are aware of and understand all the bene… ,
  • Have you experienced feelings of burnout due to work? ,

Pin It on Pinterest