Budget 2014: Govt to conduct review of pay and benefits practices

clock

The government will undertake a call for evidence on remuneration practices to inform future policy changes, as it believes current rules can lead to "unfair outcomes".

Following on from the Office of Tax Simplification's (OTS) review of employee benefits and expenses last year which highlighted many of the issues in this area, the government said that the current rules for benefits and expenses were too "complex".

It said that it will "call for evidence on remuneration practices to inform any future reforms".

A HM Treasury spokesperson told COVER's sister title WSB the review was "likely to be quite broad initially and then we'll look at any future reforms based on what we get back from that."

The call for evidence will be launched in the summer of this year.


More on Employee Benefits

MySanté adds Perci Health support to app

MySanté adds Perci Health support to app

Cancer care support

Jaskeet Briah
clock 14 January 2025 • 1 min read
Partner Insight: The Importance of Inclusive Health Benefits at Pivotal Moments

Partner Insight: The Importance of Inclusive Health Benefits at Pivotal Moments

A Conversation with Wendy Sherry, CEO, Global Health Benefits within International Health, Cigna Healthcare and Tammy Sun, Founder and CEO of Carrot Fertility.

Wendy Sherry, International Health and Tammy Sun, Carrot Fertility
clock 10 December 2024 • 7 min read
Lime Health to consult on NHS plan

Lime Health to consult on NHS plan

Collaboration with ministers

Cameron Roberts
clock 02 December 2024 • 2 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read