Policy News Journal - 2014-15

Paying for eggs

16 October 2014

Readers may have picked up on the latest “perk” emerging in the USA, with Facebook and Apple both confirming that they will fund the cost of freezing eggs for female employees who decide to delay parenthood while they concentrate on furthering their careers. Facebook apparently already pay up to $20,000 per employee, and Apple will follow suit shortly. But as yet there appears to have been no announcement or media comment on how the tax consequences of this funding will be managed.

Tell us about the CIPP support for global payroll providers

22 October 2014

As the world, figuratively speaking, gets smaller, and more businesses have a much more mobile workforce, increasing numbers of CIPP members have become involved with international payroll.

The CIPP is keen to support its members and has issued this survey to discover what support members need and would like to see the CIPP offer.

Although the survey is very short and should only take a few minutes to complete, the information you give us will help us to help you process international payrolls. The survey will close on 30 October 2014. Thank you very much for your help.

Social security contributions now payable on benefits in kind in Spain

27 October 2014

Employers in Spain must now pay social security contributions on the full value of payments in kind. With employers currently paying a basic social security rate of 23.6% this is clearly a significant change.

We are grateful to The Federation of International Employers for this report:

Employers in Spain are reminded that they must now pay social security contributions on the full value of payments in kind — for example payment through food vouchers.

Royal Decree 16/2013, of December 21st 2013, changed the social security contributions’ system regarding employee benefits. However, as this change in the law raised labour costs for employers, the Ministry of Employment delayed its implementation, setting the final deadline as September 30th. Non-compliance with the new rules may lead to an investigation by the Labour Inspectorate or sanctions being imposed.

Minimum wage developments across the world

3 December 2014

News of minimum wages increased or introduced or not introduced points up major differences across the world.

CIPP Policy News Journal

08/04/2015, Page 214 of 521

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