Starting a new business? Get 40% off our accountancy services for 3 months! 😀

x

Employment legislation is to be under scrutiny as Vince Cable proposes changes to employment law, making it easier for employers to recruit staff, and also to dismiss them. The business secretary is considering one option of whether a business with 10 employees or less could dismiss members of staff without being taken to an employment tribunal, as long as they compensate the employee. The move could result in employees of a small business being unable to claim unfair dismissal.

The changes to employment legislation are intended to make it easier for businesses to recruit workers, without existing employees losing job security. The suggested changes have been condemned by the Labour Party and the unions. Mr Cable outlines his proposals during a speech, stating that it is necessary to reduce the lengthy process of employee dismissal, although workers would not lose their rights.

Employers will be given “protected conversations”, which will allow an employer to discuss sensitive subjects like early retirement and poor performance, without fear of being taken to an employment tribunal. Under the new procedures, employees would have to be employed for two years before being eligible for a tribunal. The existing rules give employees the right to approach an employment tribunal after just one year of employment.

GMB union general secretary, Paul Kenny believes the proposals would make it much harder for an employee who is a victim of bullying at work, victimised or treated unfairly, to take the employer to tribunal. However, business groups acknowledge the proposals as necessary changes which will make it easier for a business to employ.

About The Author

Gary Fields

Content Writer working alongside our expert accountants to bring you the latest Tax and Accounting news.

More posts by this author
guest
0 Comments
Inline Feedbacks
View all comments

Read more posts...

Architects and Tax

Architecture is a highly diverse sector when it comes to tax. It’s partly down to the type of businesses that carry out…

Read More

June 2022 Client of the Month: Manea Kella

This month we spoke to Adrian Manea, architect and director at Manea Kella, a London based RIBA Chartered architecture and interior design…

Read More

Succession Planning for Business Owners: What Comes Next?

When you own a business, it’s extremely normal to feel like you’re surviving one day to the next – ‘winging it’, as…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?

Yes
No

Call us on 020 3355 4047 if you’re not sure.