PAYE and NI

Plans to replace to the current P45 tax form with a new 'leaver statement' have been scrapped following a consultation about HMRC's introduction of its Real Time Information (RTI) programme.

Shrinking wages mean that UK workers are taking home £60 billion less, in today's relative value, than workers 30 years ago.

HMRC has not established how Real Time PAYE will affect small businesses that do not have electronic payroll systems, MPs have claimed.

Take up of the Government's national insurance holiday scheme is much lower than expected, Treasury statistics have revealed.

Employers are being urged to raise their 'communications game' to keep employees motivated and productivity flowing as pay freezes become the norm.

Syndicate content