“It’s great news that so many couples are now benefitting from Marriage Allowance. This is a really important tax relief and reflects the social importance of marriages and civil partnerships. And I’d urge those that haven’t yet managed to claim the money to do so right away – it’s quick and easy to apply. Just search online for Marriage Allowance and go to the GOV.UK site.”
Further Information •
Everyone has a tax-free personal allowance of £11,850 and no tax is due on income up to this amount. The Marriage Allowance allows a spouse or civil partner who is a non-taxpayer to transfer £1,190 of it to their partner. • About four million married couples, including around 15,000 civil partnerships, stand to benefit from the Marriage Allowance, which was introduced in April 2015. • Couples have four years to claim their backdated allowance and can apply online.
Back to Contents
Employment rate at new record high 20 July 2018
Official figures released by the Office for National Statistics, report that the overall employment rate is at 75.7%, a new record high.
Meanwhile, the unemployment rate remains at its lowest since 1975. And, since 2010, the majority of employment growth has been in both full-time and permanent roles.
The women’s employment rate has remained at a joint record high of 71.3%. On top of this, the majority of female employment growth since 2010 has been in higher skilled occupations (74.1%) and the full-time gender pay gap has fallen to a record low of 9.1%.
Secretary of State for Work and Pensions, Esther McVey, said:
“The employment rate is now at a record high of 75.7%. With over 3.3 million more people in work since 2010, this government has seen on average 1,000 more people in work each and every day.
Making sure our jobs market works for everyone is at the heart of this department’s work and the modern industrial strategy, and with over 800,000 job vacancies we have a buoyant jobs market with plenty of opportunities available.
The 8-year trend shows the vast majority of roles are in full-time, permanent work that’s higher skilled – which means higher paid too.”
The figures also show: •
the number of workers aged 50 and over remains at a record high of 10.18 million • the UK has the third highest employment rate in the G7 • youth unemployment has fallen by nearly 45% since 2010 • the retail trade, repair of motor vehicles and motorcycles, accommodation and food services and professional scientific and technical activities are the sectors offering the most job opportunities right now.
Back to Contents
One in twelve workers miss out on legal holiday entitlement 30 July 2018
New TUC analysis estimates that 2.2 million employees are not getting the minimum paid leave entitlement they are due and over half of this number are not getting any paid leave at all.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
Page 142 of 598
Made with FlippingBook - Online magazine maker