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February 2024 inflation data

The UK’s inflation rate in February 2024, as measured by the Consumer Price Index (CPI), was 3.4%.

Irregular hours and part-year workers: holiday pay

For holiday years starting on or after 1 April 2024, there is a new holiday accrual system for irregular hours and part-year workers. They will no longer be entitled to 5.6 weeks’ holiday each year.

Fuel rates for company car drivers

HMRC has announced new advisory fuel rates, from 1 March 2024, for employees using a company car.

Increase in compensation limits from April 2024

The limit on a ‘week’s pay’ and the various maximum employment tribunal awards will increase from 6 April 2024.

Pay data: three months to January 2024

Various research bodies have published pay data for the three months to the end of January 2024, as well as looking forward over the next year.

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