Archive for June, 2008

HMRC has given one month’s notice of new advisory fuel rates that apply from 1 July 2008. However, as the recent increase in fuel rates has happened very quickly and car drivers are already incurring higher costs, HMRC has stated that the new rates may be applied from 1 June 2008 if employers are able [...]

The value of the benefit-in-kind for used cycles: HMRC only provides guidelines on the reasonable steps an employer should take to establish the second hand value of a cycle. HMRC has never indicated that it would accept 40% of the value when new as reasonable, or any other fixed percentage or figure. HMRC simply expects [...]

3rd and 4th September 2008, Sofitel Berlin Schweizerhof Hotel, BerlinThe core of any organisation is its staff, and attracting and keeping talented people is no easy task. BME Global has, for this reason, designed a modular Compensation & Benefit Master Class for those corporations who wish to enhance performance and gain the tools to measure [...]

In a new detailed document entitled “Statutory maternity leave – salary sacrifice and non-cash benefits”, HMRC provides guidance for employers on their statutory obligation to maintain contractual benefits while employees are on maternity leave. Some of the guidance is practical, some is questionable and contentious. The document includes many worked examples and sections that clarify [...]