TP Advise on Employee Ownership Investment
Turner Parkinson’s Corporate team have advised Capital for Colleagues PLC on its investment in employee owned business Office for Public Management (OPM).
Employers Will Have to Pay Commission as Part of Holiday Pay...
As anticipated, the Court of Appeal confirmed on 7 October 2016, in the significant case of Lock v British Gas Trading Ltd, that employers will have to include result based commission when calculating holiday pay in accordance with the Working Time Regulations 1998 (“WTR”).
TP’s Corporate Team Shortlisted for Top Award
Turner Parkinson’s Corporate team has been shortlisted for ‘Law Firm of the Year’ at the upcoming North West Insider Dealmakers Awards.
National Minimum Wage Rates Have Risen from 1 October 2016
With effect from 1 October 2016, the National Minimum Wage (“NMW”) hourly rates have increased:
Changes to the Taxation of Termination Payments
The government has published a consultation document on the simplification of the tax and National Insurance treatment of termination payments.