Tag Archives: Budget

UK Budget changes to severance payment tax treatment

We don’t yet know what lessons, if any, the Government took from the serial savaging by all sides of its disastrous consultation document on reforming the tax treatment of severance payments https://www.employmentlawworldview.com/uk-government-consults-on-tax-treatment-of-severance-payments-do-you-want-the-bad-news-or-the-bad-news/. It has not published any response to that feedback, but we can probably take some short-term clarity in this area from yesterday’s Budget. … Continue Reading

President Obama Pushes Increased Funding and High Hopes for the DOL, EEOC, and NLRB in the FY 2016 Proposed Budget

On February 2, 2015, President Obama released his proposal for the FY 2016 budget.  In it he requests across the board funding increases for the Department of Labor (10.9% increase from FY 2015), the Equal Employment Opportunity Commission (2.3% increase from FY 2015), and the National Labor Relations Board (1.4% increase from FY 2015). Considering the disparity between … Continue Reading

All change for tax-advantaged share schemes

The Office for Tax Simplification has published recommendations that extensive changes should be made to the UK’s four types of tax-advantaged employee share schemes: Share Incentive Plans (known as SIPs). Savings-Related Share Option Schemes (also known as SAYE or Sharesave). Company Share Option Plans (also known as CSOPs or HMRC-approved share option schemes). Enterprise Management … Continue Reading