Friday, 03 September 2010
Changes to business regulations |
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A number of government departments issue their changes to regulations twice a year, on the common commencement dates (CCDs) 6 April and 1 October.
This October, the biggest incoming change is the Equality Act, which will affect all businesses that employ people and/or provide a product or service to the public.
September 2010
The Government will launch a new scheme through which new businesses outside of London, the South East and the East can get a significant reduction in their employer National Insurance contributions (NICs).
During a three year qualifying period, new businesses which start up in these areas will not have to pay the first £5,000 of Class 1 employer NICs due in the first 12 months (52 weeks) of employment, providing they fall within the qualifying period. Find out more about the NICs holiday for new businesses. 1 October 2010
The Equality Act 2010 brings together existing legislation on discrimination and equality into a single piece of legislation. There are a number of new provisions included in it which all employers should be aware of, including third party harassment, positive action provisions, pay secrecy and changes to disability discrimination.
Find out more about key employment law changes included in the Equality Act.
1 October 2010
National Minimum Wage rates will rise with the higher rate raising to £5.93 an hour. This higher rate will now apply to workers aged 21 and over. Plus a new minimum wage for apprentices has been introduced for the first time. Find out more about new National Minimum Wage rates for 2010.
1 October 2010
Small Business Rate Relief is set to increase from October 2010, which could mean big savings for small business. This means that between 1 October 2010 and 30 September 2011, eligible ratepayers will receive Small Business Rate Relief at 100 per cent on properties up to £6,000 (rather than 50 per cent).
A tapering relief from 100 per cent to 0 per cent will also be in place for properties over £6,000 and up to £12,000 in rateable value for that period.
Find out more about the increase in Small Business Rate Relief.
From 1 October 2010, the rules in relation to recruitment agencies will change:
Construction businesses will have to comply with changes to Parts F, J and L of the Building Regulations 2000. There will also be a new requirement to notify local authorities of CO2 emission rate calculations for newly erected dwellings.
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