Friday, 21 July 2017

Is it safe?

We’ve talked about the legal obligations of storing data but what about the safety of the data itself?  How secure are your systems and how prepared are you for a cyber attack?
Businesses are only as good as the data they own and anything that could destroy that data or hold it to ransom, as happened with the WannaCry attack on the NHS and other organisation recently, can have devastating consequences.

Tuesday, 30 May 2017

Storing personal data under GDPR

There is now less than a year to go before the UK’s Data Protection Act (DPA) is replaced by the EU’s General Data Protection Regulation (GDPR), which will have huge implications for any business that stores personal data online.

Monday, 24 April 2017

Auto-enrolment and the workforce

Although the groundwork for auto-enrolment was laid in the 2008 Pensions Act, it wasn’t officially launched until October 2012 and not all employers have started the process yet, although more than 7.5 million people have already been enrolled.  The government’s plan is to turn this figure into 10 million people by 2018 so that workers have something to rely on in retirement apart from the state pension.  In fact, according to the Department for Work & Pensions (DWP), auto-enrolment will lead to £17bn more a year in workplace pension savings by the end of the 2019/20 tax year.

Monday, 27 March 2017

Not Making Tax Digital

Back in January, we urged readers to prepare for the implementation of Making Tax Digital (MTD), the Government’s attempt to digitise tax returns for all business owners and the self-employed.  This was due to come into effect for large businesses from next April and for small businesses the year after but now the plans have been shelved.

Tuesday, 28 February 2017

Mind the Gender Pay Gap

From April 2017, private and voluntary sector organisations in England, Wales and Scotland with 250 or more employees will have to publish the differences between what they pay men and women in salaries and bonuses.  Failure to comply with the new legislation will constitute an “unlawful act”, meaning that the Equality and Human Rights Commission could take enforcement action. There are no published penalties for non-compliance as yet; however, this will be reviewed if levels of compliance are “not satisfactory”.

Monday, 13 February 2017

Are you prepared for Making Tax Digital?

Although there has been widespread criticism of the Government’s Making Tax Digital (MTD) proposals, business and political groups agree that the only way forward for taxation is for it to go online, so it looks as though, whether next year or by 2020, businesses will have to get to grips with the changes.

Wednesday, 21 December 2016

How will your business be affected by the apprenticeship levy?

When it was first announced, the apprenticeship levy came under heavy fire from organisations representing British businesses. There were plenty of arguments against its introduction. The CBI warned that the levy would impose huge costs on employers with no improvement in training given. After a period of consultation and review, the scheme has been revised and agreed.