EMEA

[France] Payfit achieves unicorn status following €254m Series E round [France] Payfit achieves unicorn status following €254m Series E round

Previous investors Eurazeo Growth, BPI France and Accel reportedly participated in the latest round alongside new investor General Atlantic.
10 Jan 2022

[UK] £48million tax bill for Defra’s IR35 status ‘inaccuracies’ [UK] £48million tax bill for Defra’s IR35 status ‘inaccuracies’

The admission follows four other departments making similar IR35 mistakes, having also used CEST.
07 Jan 2022

[Ireland] 2022 tax changes and how they will affect pay [Ireland] 2022 tax changes and how they will affect pay

The lower rate 20 per cent tax band is now extended by €1,500 per annum, meaning people earning more than...
06 Jan 2022

[UK] Pension rule changes would mean ‘£93,989 boost’ for minimum wage workers [UK] Pension rule changes would mean ‘£93,989 boost’ for minimum wage workers

A full-time worker on the National Living Wage would gain an extra £93,989 over a working lifetime, as a result...
06 Jan 2022

[UK] £130m payroll blunder reminds HR to stay vigilant [UK] £130m payroll blunder reminds HR to stay vigilant

A technical error by Santander led to around 75,000 accounts receiving an unexpected payment including some duplicate salary payments.
05 Jan 2022

[Cyprus] North takes out loans for 13th salaries and pensions [Cyprus] North takes out loans for 13th salaries and pensions

The finance ministry took out a loan of €138m and the labour ministry took a larger loan of €158m to...
05 Jan 2022

[Scotland] 100 million hours of unpaid overtime a year [Scotland] 100 million hours of unpaid overtime a year

Now Labour is calling on the Scottish Government to take action to relieve the economy’s reliance on this unpaid labour.
04 Jan 2022