Tag: tax

February 3, 2023

Hybrid working has become embedded in many organisations as employees look for greater flexibility in their working life. However, tax arrangements have not kept pace with this change, as a recent Office for Tax Simplification report highlighted. Many large businesses […]

December 16, 2022

The rules were changed in 2017 for public sector employers and 2021 for private sector businesses, and meant that responsibility for determining a contractor’s employment status shifted to the organisation rather than the individual. The Treasury announced in its mini-budget […]

September 15, 2021

To help struggling businesses needing immediate access to cash during the COVID-19 pandemic, Congress introduced the Paycheck Protection Program (PPP) as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020. Some companies, however, didn’t use the […]

October 23, 2020

With the COVID-19 pandemic forcing major changes around where and how employees do their work, employers are altering their benefits to meet emerging needs and to ensure engagement with a scattered workforce. Sending employees lunch for regularly scheduled video team […]

September 21, 2020

Both job candidates and employees expect competitive and accessible benefits from employers, especially given the tight labor market. Providing employees with the benefits they want can improve their morale and performance and lead to higher productivity, engagement, and profitability. Also, […]

April 7, 2020

In this time of uncertainty, many employers are forced to make difficult staffing decisions. Already, thousands of employers have had to let employees go, as they find themselves without enough income to support their previous staffing levels. During this time, […]

February 13, 2020

Every business has different needs and challenges. However, understanding the landscape of those challenges on a national level can be of great value to any HR professionals anticipating the next volley of challenges coming their way. Recent research by Paychex […]

November 26, 2019

It’s the time of year when employers are thinking of creative ways to thank employees and provide a bit of holiday cheer. The gift you choose, however, could have tax consequences for employees, which may not be a welcome prize […]

January 29, 2019

As employees look over their W-2 earned-income forms, due to them by Jan. 31, and prepare to file income taxes by April 15, HR departments can advise them to review their paycheck withholding and consider increasing their contributions to tax-advantaged […]

February 7, 2018

The new tax reform law is fueling changes to corporate America’s employee benefits, compensation, total rewards, and executive pay programs, according to a survey by Willis Towers Watson, a global advisory, broking, and solutions company. The survey of 333 large […]

December 29, 2015

The Work Opportunity Tax Credit (WOTC) program, designed to encourage employers to hire and retain veterans and other people from groups with employment barriers, has a new lease on life. President Barack Obama signed into law Dec. 18 an omnibus […]