Experts explain the practical implications of new rules on publishing gender pay gap action statements and equality action plans. Find out about the role of finance teams and how to ensure meaningful change.
Artificial intelligence is no longer a future concept in accountancy. It’s already rapidly reshaping how finance teams operate and hire - but can the profession keep up?
Our chart this week illustrates how UK average total pay fell by 0.2% in real terms over the 12 months to December 2025, following much stronger growth in the previous two years.
HMRC’s online service for paying the high income child benefit charge (HICBC) through pay as you earn (PAYE), which was previously announced at the Spring Statement 2025, is now live.
The movement towards potential legislation for ethnicity and disability pay gap reporting is a progressive step in promoting workplace equality. But what should employers be doing now to prepare?
Taxpayers liable to the high income child benefit charge (HICBC) or with income from jointly held property can join making tax digital for income tax (MTD income tax) testing for 2025/26. IRIS has also joined the list of software available for 2024/25.
From the Employment Rights Bill to impending EU Pay Transparency Directive, what are the challenges facing organisations as efforts to tackle gender equity ramp up?
HMRC is asking taxpayers to amend their 2022/23 tax return if they should have paid the high income child benefit charge (HICBC) and didn’t, or if they declared the wrong amount.
The Spring Finance Bill contains legislation which increases the thresholds for the high income child benefit charge and abolishes multiple dwellings relief for SDLT.
Child benefit will be recovered based on household income, the Chancellor has announced. This will challenge HMRC’s limited resources as it will have to collect additional data and change its systems and processes.
Reforms to the tax treatment of EOTs and EBTs proposed in the paper are intended to focus the rules more effectively on the policy objectives of rewarding employees and encouraging more employee engagement. Another objective is to prevent tax advantages being obtained through the use of these trusts outside their intended purposes.
While a lot of the material published on 18 July was expected, there were some surprise announcements including planned administrative changes to the high income child benefit charge.
DE&I has been talked about for many years – but how do you enact it in your organisation? Laura Murphy explains why accounting firms need partners who are committed to meaningful action.
As we await the verdict of the lawsuit challenging a $56bn pay package from Tesla to Elon Musk by aggrieved shareholders of the carmaker, is enormous executive remuneration really necessary – or indeed ethical – in today’s market?
The UK’s top companies are increasingly including ESG corporate goals in executive pay plans, suggesting investor pressure for greater ESG disclosure is taking effect, new research shows.
Flexible benefit packages can offer tax and NIC advantages. They can simplify administration, as well as making the benefit package more attractive to employees. However, ICAEW’s Tax Faculty warns that the underlying tax rules should not be overlooked.
Class pay gaps within your business are an important indicator of social inequality. Reporting them is essential if you’re serious about ensuring socioeconomic diversity at all levels
In a new report, the House of Commons Women and Equalities Committee calls on the UK government to introduce legislation that would require large companies to publish their ethnicity pay gap data.
As the nation recovers from the financial impact of the pandemic, what shape does the accounting profession find itself in? A fairly healthy one, according to the latest salary surveys – with talented candidates having the whip hand when it comes to dictating terms, as Nina Bryant discovers
29 January: ICAEW’s Tax Faculty highlights updated HMRC guidance confirming that directors paid annually and claiming grants under the third version of the Coronavirus Job Retention Scheme must align salary payments with claims.
As 2020 began, Brexit was the great unknown, the surrounding uncertainty permeating all areas of business – and there’s no doubt that included discussions about remuneration. We take a look at the highs and lows of salaries in the UK accountancy world
Diversity and inclusion are high on the agenda for all businesses keen to attract and retain talent. But are firms overlooking the value of older workers in this mix? And is there a case for mandatory age profile reporting, similar to the gender pay gap requirements?
EY, KPMG and Deloitte are among 15 of the biggest UK companies calling for mandatory ethnicity pay gap reporting among businesses with more than 250 staff
PFP is an incentive scheme in which employees receive extra, performance-dependent compensation for their work if they reach certain performance targets.
