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Business and Other Briefings
DWP: Businesses will benefit from tax relief when they pay to help their employees return to the workplace after sickness, it was announced in the Budget recently.
Employers will receive tax relief on expenditure up to £500 on health treatment recommended by a new health and work assessment and advisory service to support employees to return to work after a period of sick absence..
Employers will receive tax relief on expenditure up to £500 on health treatment recommended by a new health and work assessment and advisory service to support employees to return to work after a period of sick absence..
This targeted tax relief will encourage employers to fund around 110,000 health-related interventions. Without this tax relief the payments would be liable to income tax and employer National Insurance contributions. The new health & work assessment and advisory service will provide occupational health expertise to many small businesses for the first time.
Press release & links ~ Demos: Half of workers wrongly assume bosses would foot the bill for long-term sick leave
HSE: 1 in 4 of the construction sites visited in London during a month-long inspection initiative failed health & safety checks, according to results released recently. More than 400 sites were visited by Health &Safety Executive (HSE) Inspectors as part of a national HSE clampdown aimed at reducing death, injury and ill health. The building sector features consistently in the top 3 high-risk industries for deaths &injuries.
BIS: Business Minister Michael Fallon has welcomed a boost for business as dozens of cuts to red tape came into force recently. The reforms respond directly to issues raised by businesses, including through the Red Tape Challenge, which invites firms to give their views on which regulations should be improved or scrapped.
A full list of reforms which came into effect on the recent 6-monthly Common Commencement Date is contained in the Fifth Statement of New Regulation..
HMRC: The biggest shake up of the Pay As You Earn (PAYE) system in nearly 70 years - Real Time Information - started from 6 April 2013.
Employers are now required to move to a new way of reporting in real time, where they report to each time they pay employees, rather than annually. This updates the system so that it is quicker, easier & more accurate.
Northern Ireland introduction of levy for the supply of 'single-use carrier bags and its VAT implications.
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