Key Dates in Employment Law 2012
13th January 2012
1st February 2012
The maximum compensatory award for unfair dismissal cases will increase from £68,400 to £72,300. In addition, the upper cap on the basic award and redundancy payment will increase from £400 to £430 per week.8th March 2012
Parental leave will increase from 3 months to 4 months. This remains unpaid.1st April 2012
Statutory maternity, paternity and adoption pay will increase from £128.73 to £135.45 per week.6th April 2012
The personal nil rate band for income tax will increase by £630 to £8,105 per annum. The threshold for higher rate tax payers will be reduced to £34,371.6th April 2012
Statutory Sick Pay will increase from £81.60 to £85.85 per week.6th April 2012
The lower limit for National Insurance Contributions increases from £102 to £107 per week.6th April 2012
Although there will be a number of procedural changes relevant to Employment Tribunals, the main change will be that the Deposit Orders upper cap will increase from £500 to £1,000 and the maximum amount of costs that a Tribunal may award will increase from £10,000 to £20,000.6th April 2012
The required length of service to qualify for a claim of Unfair Dismissal will increase from 12 months to 24 months.1st October 2012
Employers will be required (dependent on the number of employees) to automatically enroll all eligible employees into a workplace pension or the National Employment Savings Trust (NEST)pension scheme.
Should you have any queries, or if you require further information contact, please contact employment@thomas-carroll.co.uk
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