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Budget 2021: Summary Webcast 5 March 2021
The CIPP’s Policy and Research team has published a new webcast, which provides a summary of all of the key points of interest from the Budget 2021.
We appreciate that payroll professionals are extremely busy individuals, and may not have the time to read all of the detail from the Budget immediately, so we have assembled this webcast to provide a high level overview of some of the major announcements made by Rishi Sunak on 3 March 2021.
The webcast includes information on:
Ongoing coronavirus support measures
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• Yearly updates – including discussion of tax rates and thresholds and National Insurance (NI) • Measures to help young people into work • Corporation tax announcement • Extension of Stamp Duty Land Tax (SDLT) nil rate band • Upcoming National Insurance Contributions (NICs) holidays for employers
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Quick Poll results: Have staff, working from home due to coronavirus, moved abroad to do so? 9 March 2021
The CIPP’s latest Quick Poll results are in, and the Policy team wanted to share them with you.
In recognition of the fact that we are hearing multiple reports of employees moving abroad, for example moving to their home country, in order to work remotely, over the duration of the pandemic, we wanted to assess how prevalent this practice was.
In order to do so, we posted the following question on our News Online page:
“As a result of the outbreak of coronavirus, and the surge in the trend of working remotely, have any of your staff moved abroad to work from home (for example, to their home country)?”
The majority of responses, accounting for 68%, stated that no, staff have not moved abroad. 25%, however, stated that this was the case, and that they knew of staff within their business who had recently moved abroad in order to work remotely.
4% of respondents confirmed that none of their staff had started to work from home, with a further 3% revealing that their staff actually already worked from home, prior to the outbreak of coronavirus.
For those businesses that do have employees who have moved abroad to work remotely, even if this is only for a relatively short period of time, there are tax, social security and other legal considerations for both employer and employee. It is important to ensure that you are aware of which members of staff have moved abroad to work remotely so that adherence with certain rules can be assessed.
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New Quick Poll: the impact of the Budget 2021 9 March 2021
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
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