The Budget changes affecting employers were relatively humdrum. The biggest issues are likely to be practical in the following areas: share incentives – the introduction of self-certification and registration changes the risk profile for employers which can no longer rely on review by HMRC; share incentive online filing will require adjusted employer systems and processes; the new tax relief for childcare is accessible to more workers, but may see the demise of childcare vouchers in the medium term; internationally mobile employees and agency workers arrangements will also need to be reviewed; and more pension flexibility may help enhance the attractiveness of pensions to employees.
