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28 January 2009 – freedomleisure, a leading not-for-profit provider of community leisure across Sussex, has significantly streamlined its human resource (HR) and payroll processes as a result of implementing a Human Capital Management (HCM) system from COA Solutions. This HCM system, consisting of HR, payroll, recruitment, training and self-service modules has been made available to authorised staff across 15 sites.

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Bond TeamSpirit Attains Two Internationally Recognised ISO Standards

- HR and Payroll software provider, Bond TeamSpirit, is accredited with Environmental Management Systems (ISO14001:2004) and Information Security (ISO27001:2005) standards -

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Editorial for Newsletter #344

The major item in this week’s newsletter is an update on the outline provisions set out in the Pensions Act 2008 for pension personal accounts. These new types of pension scheme, which will involve both employer contributions and employee contributions through the payroll, are likely to be introduced from 2012. So far we only have an overall picture of the government’s latest move towards compulsory pension savings, so the coming draft Regulations are awaited with considerable interest.

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Indemnity Insurance - Government acts to close a tax loophole

If an employer pays an employee’s liabilities arising out of legal action or provides indemnity insurance against such liabilities, the employer’s costs are a taxable benefit to the employee and must be reported on form P11D. However, where the liability arises out of the employment, for example, because the employee is obliged to pay it as holder of the employment, the employee may make a business deduction claim to offset some or all of the tax charge arising from the benefit being reported on form P11D (unless they arise in respect of criminal acts). These provisions are to be found in sections 346 to 348 of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA) and, in respect of employees who have left the employment, in sections 555 to 559.

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Employment legislation normally takes effect from two dates in any year, namely 6 April and 1 October. The following relevant legislation falls within the remit of the Department for Business, Enterprise and Regulatory Reform (BERR) and is expected to be brought into force on these two dates in 2009:

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The Pensions Act 2008 gained Royal Assent on 26 November 2008. The Act provides the framework for the automatic provision by employers of “pension personal accounts”, likely from 2012. The detail of these statutory obligations will be include in future Regulations. The following review of the provisions of the Act updates information that was published in an earlier newsletter.

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The Labour has announced Inquiries on 30 January 2009 into applications to
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(London 21st January 2009) Thomsons Online Benefits, the leading employee benefits consultancy, announces a move into new flagship London headquarters, and the launch of a new corporate identity, to enable their continued growth and expansion.

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Rewards and Benefits Summit 2009

20th & 21st May 2009
Central London

In the current economic climate, companies are continually asking the important question – how will we get through the financial downturn? It is more necessary than ever for organisations to maintain their competitive edge and continue to engage and retain staff. However as budgets are reduced and workforces are faced with redundancies, rewards and benefits professionals are faced with the challenges of justifying the importance of their benefits schemes whilst continuing to motivate their talent.

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ETD.09 European Training & Development Summit

29th & 30th of September 09
Barceló Sants Hotel
Barcelona, Spain

Develop the Full Potential of your Personnel

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