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CBI chief calls for cost-of-living help for people on lower incomes May 27, 2022

The government should immediately support those hardest hit by the cost-of living crisis, according to the Confederation of British Industry (CBI). The CBI also called for help for struggling firms with cashflow, as well as further investment to promote growth. The business group says an emergency Budget is not necessary to announce support for the
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Government ‘refuses to rule out windfall tax’ on oil and gas companies May 27, 2022

A Treasury minister has stated that the government ‘cannot rule out’ a windfall tax on gas and oil companies in order to help with the cost-of-living crisis. Simon Clarke, Chief Secretary to the Treasury, said that any action the government decides to take will be ‘targeted and effective’, and that it ‘certainly will not rule
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HMRC issues £14 million in penalties for minimum wage offences May 27, 2022

HMRC issued 580 penalties totalling over £14 million for minimum wage offences during 2020/21, according to a report released by the Department for Business, Energy and Industrial Strategy (BEIS). The penalties given out for National Minimum Wage (NMW) and National Living Wage (NLW) offences have dropped by £4.5 million from the year before, which saw
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Charity warns lowest income households will wait longest for council tax rebate May 27, 2022

National Energy Action (NEA) has warned that the poorest households in the UK will wait the longest for the government’s £150 council tax rebate. The rebate forms part of the government’s response to rising energy bills and provides a payment of £150 to households living in council tax bands A – D. Payments started to
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Pension regulator running spot checks on UK employers May 27, 2022

Employers suspected of failing to meet their workplace pensions duties are being targeted with spot check inspections by the Pensions Regulator (TPR). The majority of employers visited by TPR are those which have failed to make the correct pensions contributions for their staff. The compliance drive marks a return by TPR to larger scale in-person
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