The move would make starting salaries for teachers among the most competitive in the graduate labour market, building on the above-inflation average pay increases for teachers in the last two years.
Mr Williamson will set out his proposal to increase teachers’ starting salaries by up to £6,000 in a remit letter to the School Teachers’ Review Body (STRB), asking for their recommendations on raising the starting salaries of new teachers as well as next year’s pay award. The Education Secretary will also ask for the STRB’s recommendations on additional pay reform, including the introduction of progression points in pay. Progression will continue to be linked to performance ensuring the investment best supports the recruitment and retention of the most talented recruits into classrooms. Teacher’s Pension Scheme The Teacher’s Pension Scheme is also one of the most generous on offer. From September, the government will be fully funding increased contributions into the scheme, so that school leaders can focus as much of their resources as possible on the front line. It means teachers will get an employer contribution of 23.6% on top their salary towards their pension every year to ensure the scheme is fully funded. Flexible working To ensure teaching continues to be attractive as teachers’ lives develop, a group of Ambassador Schools to champion flexible working are set to be introduced. These will be responsible for sharing good practice on how to successfully implement flexible working in schools, utilising case studies and practical resources for teachers and school leaders. Once fully rolled out, these will form part of an overall flexible working toolkit.
Back to Contents
Disguised remuneration: Independent loan charge review 13 September 2019
The Chancellor, Sajid Javid, has commissioned an independent review of the Disguised Remuneration Loan Charge. The loan charge remains in force during the review.
The Loan Charge was introduced to tackle contrived tax avoidance schemes where a person’s income is paid as a loan and not repaid. The government is clear that disguised remuneration schemes don’t work and their use is unfair to the 99.8% of taxpayers who did not use these schemes.
However, the government recognises that concerns have been raised about the Loan Charge policy as a mechanism for drawing a line under these schemes.
The independent review will be led by Sir Amyas Morse, former Chief Executive and Comptroller and Auditor General of the National Audit Office. The review will focus on the impact of the Loan Charge on individuals who have directly entered into disguised remuneration schemes.
The review will report and provide independent recommendations to the government by mid-November. While the review is ongoing, the Loan Charge remains in force, in line with current legislation.
The Terms of Reference for the independent loan charge review have been made available.
The government will consider and respond to the outcome of the Review once it has concluded.
Follow this link to find out what it means for you if you have used a disguised remuneration scheme and are affected by the loan charge.
Back to Contents
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
Page 303 of 629
Made with FlippingBook - Online magazine maker