The following blog focuses on a number of areas in relation to the 2014-15 budget that will be of interest to human resources and payroll professionals.
To qualify for flexible furlough from July 1st, employees must have been furloughed previously for at least 21 consecutive days between March 1st and June 30th. Employers can now bring back furloughed employees for any number of hours and still claim for the hours not worked, but cannot ask employees to generate revenue during their furloughed hours. Claims must be submitted monthly and cannot span both June and July without being split into two separate claims. Employees can work some hours and be furloughed in the same pay period.
The document summarizes key tax changes announced in the UK's Second Budget of 2015, including:
1) Increasing the personal tax allowance to £11,000 for 2016/17 and £11,200 for 2017/18.
2) Introducing a new £5,000 dividend tax allowance from 2016 and reducing dividend tax rates.
3) Restricting the amount of tax relief landlords can claim on property finance costs to the basic income tax rate starting from 2017.
Let New York Work: 1. Make the Pension System Predictable and AffordableUnshackle Upstate
A historic coalition of eleven prominent business, local government and educational organizations launched a new, comprehensive initiative to advance significant mandate relief. The effort, Let New York Work: A Common Agenda for the Common Good, consists of six key measures that will provide relief from mandates faced by all New Yorkers.
A Premium Only Plan (POP) allows employees to pay their portion of health insurance premiums with pre-tax dollars, saving them 22.65-40% in federal, state, and local taxes. Employers also benefit from establishing a POP by eliminating payroll taxes of up to 7.65% on employee premium payments. Any type of business can set up a POP, though owners may not participate directly. A POP can be started at any time during the year, including mid-year, and is especially beneficial during health insurance renewal periods when rates typically increase.
How does George Osborne's latest Budget affect you?
Gemini have produced this handy summary to outline the main changes discussed in the House of Commons on 20th March 2013.
The budget document discusses Finance Minister Bill Morneau's third budget, which continued the Liberal goals of social inclusion and supporting innovation. However, announcements were modest, with most investments directed at the public sector, likely due to uncertainties around NAFTA and US tax cuts. The budget projects a $18.1 billion deficit for 2018-19, down slightly from the previous year, and stresses Canada's strong economic fundamentals despite not balancing the budget by 2019 as promised.
Australian Budget 2014 presented by Gosford Politics In The PubRendall Wagner
This budget aims to reduce the deficit by lowering spending and increasing revenue. It cuts funding to hospitals, education, welfare payments and pensions. It introduces a deficit levy, tightens eligibility for benefits, and increases the pension age. The budget also aims to boost the economy by subsidizing jobs for older Australians, increasing medical research funding, and reducing business taxes and regulation.
New pension rules allow individuals greater flexibility in how they access their pension savings after age 55. Individuals can now take their entire tax-free lump sum of 25% of the pension fund and are not required to purchase an annuity. Income drawdown remains an option which allows the pension fund to remain invested and provides a flexible income stream, though the fund value and income may rise and fall with markets. There are also now two drawdown options - capped drawdown with income limits reviewable every few years, and flexible drawdown which only requires meeting the minimum income requirement of £20,000 per year from pensions. Planning opportunities exist to maximize pension contributions and carry forward unused allowance amounts, consider drawdown before April for higher income
To qualify for flexible furlough from July 1st, employees must have been furloughed previously for at least 21 consecutive days between March 1st and June 30th. Employers can now bring back furloughed employees for any number of hours and still claim for the hours not worked, but cannot ask employees to generate revenue during their furloughed hours. Claims must be submitted monthly and cannot span both June and July without being split into two separate claims. Employees can work some hours and be furloughed in the same pay period.
The document summarizes key tax changes announced in the UK's Second Budget of 2015, including:
1) Increasing the personal tax allowance to £11,000 for 2016/17 and £11,200 for 2017/18.
2) Introducing a new £5,000 dividend tax allowance from 2016 and reducing dividend tax rates.
3) Restricting the amount of tax relief landlords can claim on property finance costs to the basic income tax rate starting from 2017.
Let New York Work: 1. Make the Pension System Predictable and AffordableUnshackle Upstate
A historic coalition of eleven prominent business, local government and educational organizations launched a new, comprehensive initiative to advance significant mandate relief. The effort, Let New York Work: A Common Agenda for the Common Good, consists of six key measures that will provide relief from mandates faced by all New Yorkers.
A Premium Only Plan (POP) allows employees to pay their portion of health insurance premiums with pre-tax dollars, saving them 22.65-40% in federal, state, and local taxes. Employers also benefit from establishing a POP by eliminating payroll taxes of up to 7.65% on employee premium payments. Any type of business can set up a POP, though owners may not participate directly. A POP can be started at any time during the year, including mid-year, and is especially beneficial during health insurance renewal periods when rates typically increase.
How does George Osborne's latest Budget affect you?
Gemini have produced this handy summary to outline the main changes discussed in the House of Commons on 20th March 2013.
The budget document discusses Finance Minister Bill Morneau's third budget, which continued the Liberal goals of social inclusion and supporting innovation. However, announcements were modest, with most investments directed at the public sector, likely due to uncertainties around NAFTA and US tax cuts. The budget projects a $18.1 billion deficit for 2018-19, down slightly from the previous year, and stresses Canada's strong economic fundamentals despite not balancing the budget by 2019 as promised.
Australian Budget 2014 presented by Gosford Politics In The PubRendall Wagner
This budget aims to reduce the deficit by lowering spending and increasing revenue. It cuts funding to hospitals, education, welfare payments and pensions. It introduces a deficit levy, tightens eligibility for benefits, and increases the pension age. The budget also aims to boost the economy by subsidizing jobs for older Australians, increasing medical research funding, and reducing business taxes and regulation.
New pension rules allow individuals greater flexibility in how they access their pension savings after age 55. Individuals can now take their entire tax-free lump sum of 25% of the pension fund and are not required to purchase an annuity. Income drawdown remains an option which allows the pension fund to remain invested and provides a flexible income stream, though the fund value and income may rise and fall with markets. There are also now two drawdown options - capped drawdown with income limits reviewable every few years, and flexible drawdown which only requires meeting the minimum income requirement of £20,000 per year from pensions. Planning opportunities exist to maximize pension contributions and carry forward unused allowance amounts, consider drawdown before April for higher income
CBIZ Manufacturing & Distribution Quarterly Newsletter - Feb 2020CBIZ, Inc.
Timely articles on topics of interest to manufacturers and distributors including - the expansive SECURE Act (retirement legislation), Benefits Renewal (six questions to ask), Risk (rethinking your profile for the new decade), the Hardening Insurance Market (what to expect, how to prepare) and the NAM Talks Trade - plus quick links to complimentary guides and webinars.
Government workers will receive a salary increase in January 2020 as scheduled despite the delay in signing the national budget into law. Acting Budget Secretary Wendel Avisado said guidelines have been issued to pay personnel in January and that the Salary Standardization Law 5 providing yearly increases from 2020-2023 will take effect. For 2020, P33.2 billion was allocated in the budget to fund the salary hike, with the lowest paid employees seeing monthly pay rise from P11,068 to P11,551 and entry level teachers from P20,754 to P22,316.
In Issue 11 of The OHL Wire, we look at what will change on 1 July 2015 and how does divorce affect your tax and super fund. We also look at everything you need to know about taxation and deceased estates in Australia. We discuss the rules and requirements for buying property through a self-managed super fund (SMSF) in NSW. We check out upcoming events in Sydney and provide you a few ideas on how to spend your tax refund as the tax year is coming to an end.
The document summarizes key points from the Indian Union Budget for 2012-2013. It discusses increases in the defense budget, allocation for housing for the poor, changes to import duties on certain goods, a service tax rate increase, income tax exemption and slab changes, excise duty hikes on products like cement and luxury cars, and increases in duties on cigarettes. It also notes new allocations for nutrition programs and exempting the film industry from some service taxes. Economic growth is estimated to pick up to over 7% in the following years.
The document summarizes key announcements made in the Indian interim budget for 2019-20. It includes tax relief for individuals and farmers, increased deductions and exemptions, social security measures for unorganized workers, investments in infrastructure, education, and rural development, and benefits for poor and backward classes. Major proposals are tax rebates for those earning under Rs. 500,000 annually, a new pension scheme for unorganized sector workers, increased PM-KISAN payments for small farmers, and 25% more seats in educational institutions to meet the new 10% reservation quota for poor students.
The summary highlights key proposals from the 2016 Federal Budget related to taxation that may impact individuals, investors, and business owners. Some of the key proposals include replacing the Canada Child Tax Benefit and Universal Child Care Benefit with a new Canada Child Benefit, eliminating the income splitting credit, phasing out the children's fitness and arts tax credits, and enhancing Old Age Security and the Guaranteed Income Supplement. The budget also proposes changes to taxation of mutual fund corporations, small business deductions, and capital gains treatment of donations of private corporation shares or real estate.
This document summarizes a policy in the UK to abolish employers' national insurance contributions for employees under age 21. It will take effect April 6, 2015. Employers will no longer have to pay secondary national insurance contributions on earnings up to the upper earnings limit for employees under 21. The goal is to encourage youth employment. It is estimated to cost £465 million in 2015-2016 but help nearly 1.5 million young employees and support the economy. Employers will have some one-time costs to update payroll systems but benefit from reduced fiscal burdens.
Fiscal policy involves a government's taxing and spending policies and aims to manage the economy. This includes generating government income through taxation, deciding how to allocate government expenditures, managing public debt, and dealing with budget deficits. The main objectives of India's fiscal policy are to reduce poverty and unemployment through job creation, promote capital formation by developing rural industries, reduce economic inequality through a progressive tax system, and achieve economic stability and increase savings rates. Key techniques of fiscal policy include public expenditure policies on infrastructure, education, and subsidies; taxation policies on direct and indirect taxes; public debt policies on internal and external borrowing; and deficit financing policies involving borrowing from the central bank.
This document summarizes key budget measures affecting business and other sectors as announced in the Australian federal budget. For small businesses, the company tax rate will be reduced and various tax deductions and exemptions increased. Start-ups will see new tax deductions for professional expenses. Measures are also outlined to address tax avoidance by large multinational companies. The budget also includes infrastructure spending, changes to paid parental leave and pensions, and increases to child care subsidies.
The budget highlights key changes to direct and indirect taxes. Direct taxes see no change in individual tax slabs but increased exemptions. The corporate tax rate is reduced to 25% for new manufacturing companies. Indirect taxes increase the service tax rate to 14% and introduce a 2% Swachh Bharat cess. Excise duty is increased to 12.5% to offset education cess exemptions. GST is scheduled for implementation on April 1, 2016.
The budget projects decreasing federal deficits over the next few years, with a surplus projected for 2015-2016. To achieve this, the budget outlines spending cuts of $5.2 billion annually by 2016 through reductions to all government departments. There were no changes to personal or corporate income tax rates, but the eligibility age for Old Age Security will gradually increase from 65 to 67 between 2023 and 2029.
The document provides a summary of the 2013 UK budget proposals. It outlines plans to increase the personal tax allowance to £10,000 by 2014/15. It also details new tax-free childcare schemes providing relief on up to £6,000 per child per year. Additionally, it mentions reductions to the main rate of corporation tax to 20% from April 2015 and an increased annual investment allowance limit.
The budget document outlines changes to India's indirect and direct taxes as well as general allocations. Key points include increasing service tax and excise duties on some goods while lowering duties on others. Income tax brackets were adjusted with no tax on income up to 1.6 lakh, 10% from 1.6 to 5 lakh, 20% from 5 to 8 lakh, and 30% over 8 lakh. Infrastructure, rural development, and social programs saw increased allocations.
The document summarizes recent news related to HR in the Indian government and private sector from November 1-5, 2010. It discusses plans to introduce an incentive system for government employees based on performance and cost savings. It also outlines proposals to raise salaries for employees at the Securities and Exchange Board of India and plans to speed up implementation of social security schemes for Indian workers through a high-level committee. The document concludes with the appointment of Uday Suri as head of sales and marketing at BNP Paribas Asset Management India.
The term ‘‘waiting period’’ means time that must pass before the individual is eligible to be covered for benefits under the terms of the plan, are you compliant with the new rules under ACA?
This document summarizes Republic Act No. 8187, which establishes paternity leave benefits for married male employees in the Philippines. It defines key terms and outlines the conditions for entitlement. Married male employees are entitled to 7 days of paid leave for the first 4 deliveries of their lawful spouse, to support their wife during recovery and nursing. Employers in both the private and public sectors are obligated to grant these benefits. Violations of the Act can result in fines or imprisonment.
Horner Downey & Company Ltd Autumn Statement 2016Jenny Ferguson
The Chancellor Philip Hammond presented his first fiscal statement after Brexit, acknowledging economic challenges ahead. The latest forecasts confirm increased borrowing of £68.2bn for 2016 and slower growth of 2.1% in 2016 but reducing to 1.4% in 2017 due to Brexit. Hammond announced replacing the aim of balancing the budget by 2020 with a pledge for a surplus as early as possible in the next parliament. He also announced a new £23bn National Productivity Investment Fund to boost infrastructure, innovation, R&D, and housing. The statement included measures for businesses and individuals, such as reducing the corporation tax rate to 17% by 2020 and increasing the personal tax allowance to £12,500 by 2020.
The document provides an overview and analysis of the 2014 Australian Federal Budget. Key points include:
- The budget forecasts a deficit of $29.8 billion for 2014/15.
- Individual tax rates will increase with the introduction of a 2% deficit levy and increase to the Medicare levy.
- Superannuation guarantee rates will increase to 9.5% but then be frozen until 2018.
- The excess non-concessional contributions tax will be abolished and replaced with inclusion of earnings in personal tax returns.
CBIZ Manufacturing & Distribution Quarterly Newsletter - Feb 2020CBIZ, Inc.
Timely articles on topics of interest to manufacturers and distributors including - the expansive SECURE Act (retirement legislation), Benefits Renewal (six questions to ask), Risk (rethinking your profile for the new decade), the Hardening Insurance Market (what to expect, how to prepare) and the NAM Talks Trade - plus quick links to complimentary guides and webinars.
Government workers will receive a salary increase in January 2020 as scheduled despite the delay in signing the national budget into law. Acting Budget Secretary Wendel Avisado said guidelines have been issued to pay personnel in January and that the Salary Standardization Law 5 providing yearly increases from 2020-2023 will take effect. For 2020, P33.2 billion was allocated in the budget to fund the salary hike, with the lowest paid employees seeing monthly pay rise from P11,068 to P11,551 and entry level teachers from P20,754 to P22,316.
In Issue 11 of The OHL Wire, we look at what will change on 1 July 2015 and how does divorce affect your tax and super fund. We also look at everything you need to know about taxation and deceased estates in Australia. We discuss the rules and requirements for buying property through a self-managed super fund (SMSF) in NSW. We check out upcoming events in Sydney and provide you a few ideas on how to spend your tax refund as the tax year is coming to an end.
The document summarizes key points from the Indian Union Budget for 2012-2013. It discusses increases in the defense budget, allocation for housing for the poor, changes to import duties on certain goods, a service tax rate increase, income tax exemption and slab changes, excise duty hikes on products like cement and luxury cars, and increases in duties on cigarettes. It also notes new allocations for nutrition programs and exempting the film industry from some service taxes. Economic growth is estimated to pick up to over 7% in the following years.
The document summarizes key announcements made in the Indian interim budget for 2019-20. It includes tax relief for individuals and farmers, increased deductions and exemptions, social security measures for unorganized workers, investments in infrastructure, education, and rural development, and benefits for poor and backward classes. Major proposals are tax rebates for those earning under Rs. 500,000 annually, a new pension scheme for unorganized sector workers, increased PM-KISAN payments for small farmers, and 25% more seats in educational institutions to meet the new 10% reservation quota for poor students.
The summary highlights key proposals from the 2016 Federal Budget related to taxation that may impact individuals, investors, and business owners. Some of the key proposals include replacing the Canada Child Tax Benefit and Universal Child Care Benefit with a new Canada Child Benefit, eliminating the income splitting credit, phasing out the children's fitness and arts tax credits, and enhancing Old Age Security and the Guaranteed Income Supplement. The budget also proposes changes to taxation of mutual fund corporations, small business deductions, and capital gains treatment of donations of private corporation shares or real estate.
This document summarizes a policy in the UK to abolish employers' national insurance contributions for employees under age 21. It will take effect April 6, 2015. Employers will no longer have to pay secondary national insurance contributions on earnings up to the upper earnings limit for employees under 21. The goal is to encourage youth employment. It is estimated to cost £465 million in 2015-2016 but help nearly 1.5 million young employees and support the economy. Employers will have some one-time costs to update payroll systems but benefit from reduced fiscal burdens.
Fiscal policy involves a government's taxing and spending policies and aims to manage the economy. This includes generating government income through taxation, deciding how to allocate government expenditures, managing public debt, and dealing with budget deficits. The main objectives of India's fiscal policy are to reduce poverty and unemployment through job creation, promote capital formation by developing rural industries, reduce economic inequality through a progressive tax system, and achieve economic stability and increase savings rates. Key techniques of fiscal policy include public expenditure policies on infrastructure, education, and subsidies; taxation policies on direct and indirect taxes; public debt policies on internal and external borrowing; and deficit financing policies involving borrowing from the central bank.
This document summarizes key budget measures affecting business and other sectors as announced in the Australian federal budget. For small businesses, the company tax rate will be reduced and various tax deductions and exemptions increased. Start-ups will see new tax deductions for professional expenses. Measures are also outlined to address tax avoidance by large multinational companies. The budget also includes infrastructure spending, changes to paid parental leave and pensions, and increases to child care subsidies.
The budget highlights key changes to direct and indirect taxes. Direct taxes see no change in individual tax slabs but increased exemptions. The corporate tax rate is reduced to 25% for new manufacturing companies. Indirect taxes increase the service tax rate to 14% and introduce a 2% Swachh Bharat cess. Excise duty is increased to 12.5% to offset education cess exemptions. GST is scheduled for implementation on April 1, 2016.
The budget projects decreasing federal deficits over the next few years, with a surplus projected for 2015-2016. To achieve this, the budget outlines spending cuts of $5.2 billion annually by 2016 through reductions to all government departments. There were no changes to personal or corporate income tax rates, but the eligibility age for Old Age Security will gradually increase from 65 to 67 between 2023 and 2029.
The document provides a summary of the 2013 UK budget proposals. It outlines plans to increase the personal tax allowance to £10,000 by 2014/15. It also details new tax-free childcare schemes providing relief on up to £6,000 per child per year. Additionally, it mentions reductions to the main rate of corporation tax to 20% from April 2015 and an increased annual investment allowance limit.
The budget document outlines changes to India's indirect and direct taxes as well as general allocations. Key points include increasing service tax and excise duties on some goods while lowering duties on others. Income tax brackets were adjusted with no tax on income up to 1.6 lakh, 10% from 1.6 to 5 lakh, 20% from 5 to 8 lakh, and 30% over 8 lakh. Infrastructure, rural development, and social programs saw increased allocations.
The document summarizes recent news related to HR in the Indian government and private sector from November 1-5, 2010. It discusses plans to introduce an incentive system for government employees based on performance and cost savings. It also outlines proposals to raise salaries for employees at the Securities and Exchange Board of India and plans to speed up implementation of social security schemes for Indian workers through a high-level committee. The document concludes with the appointment of Uday Suri as head of sales and marketing at BNP Paribas Asset Management India.
The term ‘‘waiting period’’ means time that must pass before the individual is eligible to be covered for benefits under the terms of the plan, are you compliant with the new rules under ACA?
This document summarizes Republic Act No. 8187, which establishes paternity leave benefits for married male employees in the Philippines. It defines key terms and outlines the conditions for entitlement. Married male employees are entitled to 7 days of paid leave for the first 4 deliveries of their lawful spouse, to support their wife during recovery and nursing. Employers in both the private and public sectors are obligated to grant these benefits. Violations of the Act can result in fines or imprisonment.
Horner Downey & Company Ltd Autumn Statement 2016Jenny Ferguson
The Chancellor Philip Hammond presented his first fiscal statement after Brexit, acknowledging economic challenges ahead. The latest forecasts confirm increased borrowing of £68.2bn for 2016 and slower growth of 2.1% in 2016 but reducing to 1.4% in 2017 due to Brexit. Hammond announced replacing the aim of balancing the budget by 2020 with a pledge for a surplus as early as possible in the next parliament. He also announced a new £23bn National Productivity Investment Fund to boost infrastructure, innovation, R&D, and housing. The statement included measures for businesses and individuals, such as reducing the corporation tax rate to 17% by 2020 and increasing the personal tax allowance to £12,500 by 2020.
The document provides an overview and analysis of the 2014 Australian Federal Budget. Key points include:
- The budget forecasts a deficit of $29.8 billion for 2014/15.
- Individual tax rates will increase with the introduction of a 2% deficit levy and increase to the Medicare levy.
- Superannuation guarantee rates will increase to 9.5% but then be frozen until 2018.
- The excess non-concessional contributions tax will be abolished and replaced with inclusion of earnings in personal tax returns.
What Changes to Expect from the new Healthcare Law, presented by The National Federation of Independent Business, the leading small business association.
The document provides an overview and summary of the 2014 Australian Federal Budget. Key points include:
- The budget deficit for 2013-2014 is projected to be $49.9 billion.
- For 2014-2015, the deficit is projected to be $29.8 billion with large infrastructure spending.
- Individual tax changes include a 2% deficit levy on incomes over $180,000, an increase to the Medicare levy, and changes to family benefits.
- Few changes were made for businesses, but superannuation guarantee increases are frozen until 2018.
- Charities will see no changes to their tax concessions.
- The document recommends tax planning opportunities before June 30th given
Health Reform Bulletin 116 | Year-End Wrap Up Dec. 29, 2015CBIZ, Inc.
The document summarizes new laws and guidance affecting the Affordable Care Act. Key points include:
- New laws delay several ACA taxes, including the "Cadillac tax" until 2020 and pause insurer fees and medical device taxes.
- IRS guidance provides details on employer shared responsibility rules, including affordability calculations and penalty amounts.
- Deadlines for reporting health coverage on Forms 1095-B and 1095-C were extended to March 31, 2016 for furnishing to individuals and May 31, 2016 for filing with the IRS.
Health Reform Bulletin 116 Year End Wrap Up 12-29-15Daniel Michels
The most recent CBIZ Health Reform Bulletin: Year-End Wrap Up (HRB 116). This issue includes specific information and guidance on:
1. Late breaking development, IRS delays new Affordable Care Act's (ACA) reporting and disclosure obligations!
2. On December 18, 2015 Consolidate Appropriations Act, 2016, and the Protecting Americans from Tax Hikes (PATH) Act of 2015 (H. R. 2029; now Public Law No. 114-113) were signed by the President, and amend several provisions of the Affordable Care Act.
3. The IRS Issued guidance relating to ACA implementation
4. Year-End Reminders
Staffscapes, Inc. is a Human Resources Outsourcing firm that specializes in HR, Payroll & Benefits. We recently presented this slide show to a group of Colorado Small Business Owners and Managers and are sharing it with the general public today.
COVID-19 - How Staffing Companies Can Navigate the CrisisCitrin Cooperman
The document summarizes information from two webinars on how staffing companies can navigate the COVID-19 crisis. It discusses cash management strategies, borrowing options, staffing level considerations, and provisions from the Families First Act and CARES Act. Key points include cash forecasting, accessing lines of credit and government funding, determining optimal staffing levels, paid sick leave and family leave requirements, employer payroll tax deferrals and refundable employee retention credits.
The document discusses options for reforming social security revenues presented by groups like the AARP and Congressional Budget Office. It outlines 9 options from the CBO for changing the payroll tax rate and maximum taxable earnings to improve social security's finances. These include gradually increasing the payroll tax rate by 1-3 percentage points, eliminating or raising the taxable earnings maximum, and taxing some or all earnings above the maximum but without increasing benefits. The document analyzes how each option would impact social security revenues, long-term financing, and the trust funds exhaustion date. It notes the challenge of implementing changes due to many competing ideas and lack of political compromise.
Pensions Act 2014: all you need to knowIus Laboris
Georgina Jones from our UK member Sackers has written this in-depth article on the Pensions Act 2014 in the August edition of PMI Technical News.
Though somewhat overshadowed by this year’s attention-grabbing Budget, the Pensions Act 2014 is a key piece of legislation. Not only does it introduce a new type of state pension and, as a consequence, sweep away contracting-out on a defined benefit basis, but it also contains several important measures for occupational pension schemes.
CBIZ Manufacturing & Distribution Quarterly Newsletter – June 2021CBIZ, Inc.
This issue newsletter tackles two of the hottest topics for the Manufacturing & Distribution sectors – supply chain challenges and the newly supercharged employee retention tax credit (ERTC). The article on innovations in employee benefits informs another critical operational issue – that of staffing – as employee benefits are key to recruiting and retaining qualified employees. Articles on managing insurance costs (and links to a pre-renewal data checklist) and how to work with the U.S. Commercial Service to access global markets round out this packed issue. As an added bonus, News from the NAM provides cutting edge industry commentary.
This document summarizes aspects of the Affordable Care Act (ACA) for employers, including: how to determine if an employer is an applicable large employer subject to the employer mandate; the employer mandate requirements around offering affordable minimum essential coverage; potential penalties for non-compliance; and other ACA provisions impacting employers. It provides an overview of the employer shared responsibility rules, measurement periods, and affordability safe harbors. It also discusses other ACA topics like the individual mandate, essential health benefits, taxes and fees, and grandfathered health plans.
Reducing debt and borrowing is essential to controlling inflation, keeping mortgage rates affordable and funding public services sustainably. After accounting for decisions at the Autumn Statement, borrowing is forecast to be lower this year, next year and on average over the forecast period compared to the OBR’s March forecast. Underlying debt is also lower as a percentage of GDP, by an average of 2.1 percentage points across the forecast.
The recently enacted federal healthcare legislation will affect virtually everyone and will mean significant changes for patients, insurers, employers, hospitals and physicians. This is one of the largest changes to the tax laws in the past 30 years. Are you interested in finding out how the Reform will affect you or your business? We want to help. We are offering presentations to businesses and groups to provide information on how the Reform may impact you.
For more information visit our website at www.kl-cpa.com.
Skp global expansion updates-February 2016Partha Pant
This is an update that covers employment, payroll, GST/VAT,
and corporate tax related developments globally. It is especially relevant for organisations with overseas operations
IRS Delays Key Provision Of The Affordable Care ActJennifer Brown
The document discusses how the IRS has announced a one-year delay of the employer mandate portion of the Affordable Care Act until 2015. This includes delaying the requirements for employers to offer sufficient and affordable health coverage to full-time employees as well as any associated reporting requirements. However, many other ACA provisions remain on schedule for 2014 such as the establishment of public health insurance exchanges and premium subsidies. Employers are advised to continue preparing for full ACA compliance and that this delay provides more time to address requirements like tracking variable hour employees and responding to future guidance.
Horner Downey and Company Spring 2017 NewsletterJenny Ferguson
The document discusses upcoming changes to the UK's VAT flat rate scheme. Beginning in April 2017, a new 16.5% flat rate will apply to businesses classified as "limited cost traders," defined as those that spend less than 2% of their VAT-inclusive turnover on goods in an accounting period. Certain benefits, like pension contributions and ultra-low emission vehicles, will be exempt from changes removing tax advantages from salary sacrifice schemes. Employers and employees may need to rethink current salary sacrifice arrangements due to the rule changes.
International HR and Payroll Process Harmonisation: Fundamental strength to b...ADP Marketing
This report details the challenges associated with international payroll, how organisations can approach this effectively and where HR can help in the process
HR Challenges and Solutions - Maintaining Compliance and Mitigating Future RiskADP Marketing
Many companies are facing increasing challenges to stay up to date with risk and compliance. Learn how to take control of compliance and manage risk in your business.
HR Challenges and Solutions - Winning Talent Through Automation and OutsourcingADP Marketing
This report provides details into the challenges faced (talent management, cost saving and improving HR performance) and the solutions being deployed to overcome them.
Total Workforce Management 2013: The State of Time and AttendanceADP Marketing
The paper looks at addressing critical workforce management issues, it looks at the trends influencing time and attendance today, and how time and attendance interacts with other critical workforce management systems, including payroll, rostering, and absence management.
This research brief looks at the trends influencing workforce rostering today and how rostering interacts with other critical workforce management systems, including payroll, time and attendance, and absence management to achieve business results.
Human Capital Management's Employee Disconnect. A Global SnapshotADP Marketing
Gain insight into the wide disparity in perceptions among employees, HR leaders and senior management on vital HCM issues and how it may impact employers’ ability to deliver on corporate strategies.
The following blog will provide you with an overview on how to both legally and professionally dismiss and terminate an employee, including key factors that every employer should consider.
Everything you need to know about Payslips, including the 11 compulsory elements that every Payslip should have, accompanied by some best practice tips for employers.
The following blog will provide you with an insight on how to survive a payroll disaster. Payroll contingency planning is key to not only overcoming a disaster but also for mitigating the risk of re-occurrence.
Long Service Leave - wading through the complexitiesADP Marketing
The following blog will provide you with information on Long Service Leave (LSL), including what it means for both the employee and the employer, how to calculate it and the legislation and regulations surrounding it.
ADP National Employer Advice Line Report Q2ADP Marketing
ADP National Employer Advice Line Report Q2 Trends Infographic. Trends include: Long Service Leave, Redundancy and Restructuring, Wage Rates, Personal and Carers Leave, as well as ending employment and dismissal.
Your 9 step guide to getting ready for SuperStream (on time!) ADP Marketing
A guide to the Australian Taxation Office's (ATO's) new superannuation legislation - SuperStream. SuperStream is the new data and payment standard for all superannuation contributions mandated by the Australian Taxation Office (ATO).
It will affect employers, recipients, payroll providers, clearing houses and super funds including self-managed super funds (SMSFs). Think EFT for superannuation and you’re on the right track. All superannuation contributions must be made electronically and in a standard message format.
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
Key highlights include Microsoft's Digital Transformation Framework, which focuses on driving innovation and efficiency, and McKinsey's Ten Guiding Principles, which provide strategic insights for successful digital transformation. Additionally, Forrester's framework emphasizes enhancing customer experiences and modernizing IT infrastructure, while IDC's MaturityScape helps assess and develop organizational digital maturity. MIT's framework explores cutting-edge strategies for achieving digital success.
These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
Accenture’s Digital Strategy & Enterprise Frameworks
Deloitte’s Digital Industrial Transformation Framework
Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
Structural Design Process: Step-by-Step Guide for BuildingsChandresh Chudasama
The structural design process is explained: Follow our step-by-step guide to understand building design intricacies and ensure structural integrity. Learn how to build wonderful buildings with the help of our detailed information. Learn how to create structures with durability and reliability and also gain insights on ways of managing structures.
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Final ank Satta Matka Dpbos Final ank Satta Matta Matka 143 Kalyan Matka Guessing Final Matka Final ank Today Matka 420 Satta Batta Satta 143 Kalyan Chart Main Bazar Chart vip Matka Guessing Dpboss 143 Guessing Kalyan night
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....Lacey Max
“After being the most listed dog breed in the United States for 31
years in a row, the Labrador Retriever has dropped to second place
in the American Kennel Club's annual survey of the country's most
popular canines. The French Bulldog is the new top dog in the
United States as of 2022. The stylish puppy has ascended the
rankings in rapid time despite having health concerns and limited
color choices.”
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
The Genesis of BriansClub.cm Famous Dark WEb PlatformSabaaSudozai
BriansClub.cm, a famous platform on the dark web, has become one of the most infamous carding marketplaces, specializing in the sale of stolen credit card data.
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
How to Implement a Strategy: Transform Your Strategy with BSC Designer's Comp...Aleksey Savkin
The Strategy Implementation System offers a structured approach to translating stakeholder needs into actionable strategies using high-level and low-level scorecards. It involves stakeholder analysis, strategy decomposition, adoption of strategic frameworks like Balanced Scorecard or OKR, and alignment of goals, initiatives, and KPIs.
Key Components:
- Stakeholder Analysis
- Strategy Decomposition
- Adoption of Business Frameworks
- Goal Setting
- Initiatives and Action Plans
- KPIs and Performance Metrics
- Learning and Adaptation
- Alignment and Cascading of Scorecards
Benefits:
- Systematic strategy formulation and execution.
- Framework flexibility and automation.
- Enhanced alignment and strategic focus across the organization.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.