by Shilling Group | May 30, 2025 | Shilling Summary
EMPLOYMENT Chancellor may target employee perks The Times Accountants believe that employee perks like salary sacrifice pension schemes and electric vehicle leasing may face cuts in the Budget. This follows HMRC’s release of two surveys exploring employer views...
by Shilling Group | May 29, 2025 | Shilling Summary
INVESTMENT Chancellor reveals plan for £25bn pension ‘megafunds’ BBC News The UK Government has detailed its pension reform plans, introducing £25bn “megafunds” aimed at enhancing local investments to stimulate economic growth. Chancellor...
by Shilling Group | May 28, 2025 | Shilling Summary
OUTLOOK Start-ups hire fewer staff amid fall in business confidence City AM Start-up businesses in the UK are grappling with a challenging economic environment, according to Cynergy Bank’s latest Business Births and Deaths Index. The average number of employees...
by Shilling Group | May 27, 2025 | Shilling Summary
TAX Rachel Reeves could be forced into £30bn tax raid Financial Times The Daily Telegraph Labour’s pledge to restore winter fuel payments and review the two-child benefit cap could lead to another £10bn to £30bn of tax rises, experts fear. Stephen Millard, acting...
by Shilling Group | May 26, 2025 | Shilling Summary
EMPLOYMENT Auto-enrolment rates under review The Sunday Times The UK Government is set to review auto-enrolment rates in workplace pensions, aiming to address the “adequacy” of pension savings. Introduced in 2012, the current requirement mandates 8% of...
