Monthly Archives: July 2013

Employee shareholder contracts: implementation from September

The House of Lords has approved the Government’s plans for employee shareholders. New employee shareholder contracts will be created under which individuals can receive shares from their employer of between £2,000 and £5,000, exempt from capital gains tax, in return for giving up certain employment law rights.   These rights include the right not to be unfairly dismissed (except in Continue Reading
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Online sales tax proposal criticised

In recent months the High Street retail industry has been lobbying for a more equitable tax system. In particular they want to see online traders charged a sales tax. High Street retailers argue that online sellers can afford to drop their prices as they have much lower costs; for example they do not have to pay rates on retail premises. Continue Reading
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Use of Social Media Leads to Dismissal for Gross Misconduct

With the ever increasing use of social media the case of Teggart v TeleTech, which relates to offensive Facebook comments, gives some insight into possible actions that an employer may take. Mr Teggart worked for TeleTech UK Ltd, which provides call-centre services for a number of clients. Mr Teggart's "friends" on Facebook included some work colleagues. While on his computer Continue Reading
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HMRC targets holiday businesses

HMRC have created yet another taskforce to seek out businesses owners who are believed to be paying less tax than they should. The new team will be concentrating on holiday businesses in certain areas of the UK. Initially, the tax investigation teams will be active in: Blackpool; the Lake District; North Wales; Devon and Cornwall. No doubt if their investigations Continue Reading
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