Policy News Journal - 2017-18

Twenty years ago most high street retailers did not have a clue where the products they sold actually came from. Since then, there has been a revolution in responsible business practices and companies have invested millions of pounds to trace the source of their products and tackle the myriad sustainability issues they found there. To prevent the misery of modern slavery from blighting our workforces companies must apply that same focus to their staff.”

CIPP comment If you use labour supplied by a third party then HMRC’s guidance ‘ Use of labour providers: advice on due diligence ’ will help you understand how to safeguard your business from financial and reputational risk whilst maintaining the flexible workforce you need.

Back to Contents

Defending devolution 20 September 2017

The Scottish and Welsh governments have jointly published amendments to the European Union (Withdrawal Bill), to prevent the UK Government taking control of devolved policy areas.

First Ministers Nicola Sturgeon and Carwyn Jones have written to the Prime Minister saying the amendments are necessary to respect the hard-won devolution settlements.

Both governments have said they could not recommend giving consent to the withdrawal bill unless it is substantially changed.

The amendments will achieve the following objectives:

 Ensure devolved policy areas come back to the Scottish Parliament and National Assembly of Wales on withdrawal from the EU.  Prevent UK ministers unilaterally changing the Scotland Act and Government of Wales Act.  Require the agreement of the Scottish Government on necessary changes to current EU law in devolved areas after Brexit.  Ensure additional restrictions are not placed on devolved ministers compared with UK Government ministers.

Read more from the Scottish Government .

Back to Contents

Progressive tax plans for Wales 5 October 2017

Finance Secretary Mark Drakeford has unveiled a new budget for Wales , reflecting the Welsh Government’s new tax and borrowing powers.

This budget is a significant milestone in Wales’ devolution journey. From April 2018, Wales becomes responsible for raising a proportion of its own revenue from two new taxes: land transaction tax (LTT) and landfill disposals tax (LDT), replacing stamp duty land tax and landfill tax, respectively. New progressive rates and bands for these taxes have been announced. Under the new rates for LTT, Wales will have the highest starting threshold for the property tax in the UK. And Wales will become the first country in the UK to introduce a new higher rate of landfill disposals tax to deter people from disposing of waste illegally. Welsh rates of income tax From April 2019, the National Assembly for Wales will be able to vary the rates of income tax payable by Welsh taxpayers. Responsibility for many aspects of income tax will remain with the UK government, and the tax will continue to be collected by HMRC for Welsh taxpayers.

The Chartered Institute of Payroll Professionals

Policy News Journal

cipp.org.uk

Page 231 of 516

Made with FlippingBook - Online magazine maker