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Hethertons Services for Businesses - April 2019

Welcome to the latest edition of the Hethertons Solicitors newswire for Businesses, which is designed to keep you up to date with what is happening within our firm and abreast of the latest changes in industry.

Hethertons Solicitors has been providing advice to businesses in and around York and North Yorkshire for more than 70 years. Despite our long and illustrious history, we are a forward-thinking firm with our finger on the pulse of the modern world of business.

We hope you enjoy reading our latest newswire and find it informative.

Free review of your employment contracts

 What happens if… I have still not done anything about GDPR one year on


 

On 25 May 2019, it will be exactly one year since the introduction of the GDPR, which aimed to strengthen the UK’s data protection laws and introduced significant fines for those that failed to meet their new duties.

Recent evidence suggests that there may still be hundreds of businesses, particularly SMEs, who are not yet compliant with GDPR.

 
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UK companies most attractive targets for acquisition, report reveals


 

UK companies are the most likely targets for foreign acquisition, a new report has revealed.

The findings form part of a new research report involving more than 2,900 senior executives responsible for making acquisitions.

 
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Rules for Energy efficiency comes into force for landlords in England and Wales


 

Brand new energy efficiency rules for landlords of rental properties in England and Wales are now set in place. The new rules went through in the middle of March, setting out new energy requirements to be in place from 01 April 2019.

However, some property experts are concerned that the Statutory Instrument may have gone unnoticed for both many letting agents and landlords, as the industry focuses on the legal requirement also coming into force today for agents to have Client Money Protection (CMP), ahead of the tenant fees ban.

 
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Thousands of workers to receive payslip for first time under new laws


 

More than 300,000 workers will be getting a payslip for the first time this month under new rules.

The rules change, part of the Government’s Good Work Plan, requires employers to include variable rates of pay and hours worked within their payroll reporting, which will enable workers to easily confirm that they are receiving the minimum wage.

 
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The National Minimum Wage: what employers need to know


 

Business owners should ensure they are not unwittingly breaching employment laws after the National Minimum Wage (NMW) increased this month.

As planned, the legal minimum wage has increased from £7.83 to £8.21 for workers over the age of 25 from 01 April 2019.

 
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What does the ‘Good Work Plan’ mean for businesses?


 

The Government has recently implemented the ‘Good Work Plan’ with the aim to improve the employment rights of workers. As a result, businesses will be expected to familiarise themselves and implement the following changes to their current working practices.

From April 2020, employees will be entitled to receive a written statement, which provides details of the employee’s contractual terms and working conditions from the first day of employment, rather than the current requirement of two months.

 
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