Monday, 15 August 2011

Chancellor orders HMRC to check revenue stream from 50% rate of tax

BBC News website is reporting as follows:

Chancellor George Osborne has asked the Inland Revenue to check whether the 50p top rate of income tax is actually making money for the government.

Some economists have claimed that tax avoidance and evasion mean the rate is raising less income than expected.

Full story at: http://www.bbc.co.uk/news/business-14515518

Friday, 5 August 2011

Key reason for career moves is now pay, says CIPD

The prospect of better pay has overtaken job satisfaction as the main reason for moving to another job, a survey suggests.

Just over half of the 2,000 people surveyed by the Chartered Institute of Personnel and Development (CIPD) said a rise in wages and benefits was the key reason for changing employer.

In the same poll a year ago, job satisfaction was the main reason.

Full story from the BBC at http://www.bbc.co.uk/news/business-14307405

Pay freeze for 75% of workers reports CIPD

Only a quarter of workers in the UK have had a pay rise so far this year, the Chartered Institute for Personnel and Development (CIPD) has said.

Full story from the BBC at http://www.bbc.co.uk/news/business-14386032