HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
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Trustees of defined benefit pension schemes are coming under increasing pressure to fully fund them, therefore putting employers under pressure to pay out.
In the 1970s and 80s, if a company was to put a pension scheme in place for their staff, it would likely be a final salary, or defined benefit pension scheme. This was done regardless of size, and was offered to employees as a promised benefit based on the number of years they worked for the company, and the salary they earned.
Read more at the Accountancy Age.