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EFFECT OF A NEW GOVERNMENT ON PAYROLL. I’m sure you’ll be aware by now, and certainly not shocked, that we’ve got a new government, but how can we expect this to impact legislation and policy surrounding payroll? The Labour manifesto should be a good guide of what we can expect to come, so here’s a reminder. Tax: - Commitment to not raise headline income tax and VAT rates - Address “unfairness in the tax system” – abolish ‘non-dom’ status National Insurance: - Commitment to not raise the headline rates of National Insurance Minimum Wage: - Remove age bands, so all adults are entitled to the same minimum wage - Change the remit of the independent Low Pay Commission so it accounts for the cost of living Pensions: - Retain the triple lock for the state pension - Adopt reforms to workplace pensions Parental Leave and Pay: - Review the parental leave system - Introduce basic rights from day one of employment Statutory Payments: - Reform Statutory Sick Pay - Introduce basic rights from day one of employment HMRC: - Modernise HMRC and change laws to tackle tax avoidance - Strengthen HMRC’s powers, invest in new technology and build capacity within HMRC Other: - Create a Single Enforcement Body to ensure employment rights are upheld - Ban zero hours contracts; end fire and rehire; and introducing basic rights from day one to parental leave, sick pay, and protection from unfair dismissal...