In this episode of the podcast I bring you a brief update on what will be coming in 2020.
In this episode I will cover:
- Changes to Section 1 Statements for employees.
- The requirement to provide a Section 1 Statement to Workers.
- Changes to the reference period for calculating average pay for holiday payments.
- New IR35 rules for medium and large businesses.
- Parental Bereavement Leave and Pay.
- Guidance on planning for the National Minimum Wage changes.
- Review your contracts of employment to ensure they comply with the post April changes.
- Review your on-boarding process for new employees and workers to ensure contracts are ready to be issued from day 1.
- Speak to your accountant or payroll provider about changing the calculation of holiday pay for employees who have irregular pay.
- Check if the new IR35 rules apply to you.
- Review your figures and project the impact of a rise in the National Minimum Wage from 5%-10% so you can plan for the change likely to take place from April 2020.
Please do leave your thoughts on this issue in the comments section below. Please ensure that any comments are respectful to all views and opinions.
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The information contained in this Podcast and post is provided for guidance and is a snapshot of the law at the time. It is provided for your information only and should not be used as a substitute for obtaining legal advice that it specific to your particular circumstances.
The guidance should not be relied upon in any decision making process. It is strongly recommended that you seek advice before taking action.
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