Here, People Management walk you through seven key changes you need to prepare for, from a rise in the national living wage (NLW) and new restrictions on salary sacrifice schemes to changes to national insurance thresholds.
- Rise in national living wage
- Alignment of national insurance thresholds
- End of personal services companies in the public sector
- Abolition of employee shareholder tax relief
- Changes to the personal allowance
- End to most salary sacrifice schemes
- £13m to boost managerial skills