The exemption from national insurance contributions of holiday pay paid hrough a third party is to be ended, with the construction industry given five years to phase in the change.
The exemption was originally aimed at reversing high labour mobility and turnover in the construction industry, but working time regulations now ensure holiday entitlement is preserved in all secto...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date