Day: March 18, 2025
You can’t fire Gen Z, they quit
Job cuts might be dominating the news headlines today. But despite this apparent lack of job security, one in four young employees is considering quitting anyway, primarily due to mental health issues. The research, by consultancy PwC, has found that 25% of British 18-24 year olds have considered leaving the workforce in the last year.…
Read MorePetition to raise personal tax allowance reaches 200k signatures
A petition calling for the government to increase the personal tax allowance threshold is once again gaining traction after it was posted on the parliament website last month. In total, the campaign has now reached over 200,000 signatures and is rising daily. Alan Frost, who started the petition, has requested that the government raise the…
Read MoreWhat is Employment Allowance? National Insurance reduction explained
UK employers are awaiting 6 April with dread. Come Spring, the main rate of employer National Insurance Contributions (NICs) is set to rise from 13.8% to 15%. Meanwhile, the secondary threshold—the point at which employers start paying NICs on employee wages—will also drop from £9,100 to £5,000 annually. SMEs have already begun to scale back…
Read More