Latest in Exemption Minimum
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If You Were Nervous About the Salary Exemption Minimum Jumping to $55,068 a Year, Don’t Be. A Texas Federal Judge Just Quashed It
The amount you need to pay employees for them to be exempt from overtime has jumped all over. A new court ruling sends us back to $684 a week.Business - Inc. - 5 hours ago -
GPs demand protection from Budget tax hike
GPs are warning that a rise to National Insurance from next April could force them to cut staff.Top stories - BBC News - November 1 -
Minimum wage to rise to £12.21 an hour next year
The National Living Wage will rise by 77p from £11.44 per hour for workers over the age of 21.Top stories - BBC News - October 30 -
Bolt drivers win right to holiday and minimum wage
Thousands of drivers on ride-hailing and food delivery app Bolt have won a legal claim to be classed as workers.Top stories - BBC News - November 8 -
The best (and worst) cities for renters making minimum wage
These are the 10 most (and least) affordable U.S. cities for renters making minimum wage.Politics - The Hill - 6 days ago -
IRS announces bigger estate and gift tax exemption for 2025
The IRS has announced a higher estate and gift tax exemption for 2025. Here's what wealthy families need to know.Business - CNBC - October 22 -
MicroStrategy to lose ‘controlled company’ exemption, and stock seesaws higher
MicroStrategy said that because of the volume of share sales to raise money to buy bitcoin, Michael Saylor, the company’s co-founder and chair, will no longer hold the majority of voting power.Business - MarketWatch - 6 days ago -
Trump tariffs — and possible exemptions — could provide opportunities for Britain
President-elect Donald Trump's proposed trade tariffs could prove boon for the U.K., with analysts pointing to potential exemptions, economic upswings and the likely resumption of trade deal talks.Business - CNBC - 5 days ago -
2 States to Vote on Lower Minimum Wage Rate for Tipped Workers
Massachusetts and Arizona plan ballot measures that could eliminate the subminimum wage paid to many workers in the restaurant and hospitality industries.Business - Inc. - October 21 -
Norway to increase minimum age limit on social media to 15 to protect children
Prime minister wants young people to be shielded from ‘power of the algorithm’. Norway is to enforce a strict minimum age limit on social media of 15 as the government ramped up its campaign ...World - The Guardian - October 23 -
Raising the minimum wage is the key to the White House for Kamala Harris
While it might have made for a decent photo-op, Donald Trump’s visit to McDonald's highlights a glaring weakness that the Harris campaign should exploit: his stance on the minimum wage.Politics - The Hill - October 28 -
U.K. to lift minimum wage to $15.84 an hour. Here’s how it compares to the U.S.
The U.K.’s chancellor of the exchequer confirmed the government will lift the U.K.’s national minimum wage by 6.7% in April 2025 to hourly rates of £12.21 ($15.84)Business - MarketWatch - October 30 -
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State Minimum Wage Hike Ballot Measures Show Mixed Results
Missouri and Alaska voters approved bumps to $15 an hour, while a Californa propsoal to go to $18 failed. Increases for tipped workers were voted down in Massachusetts and Arizona.Business - Inc. - November 6 -
Be brave and impose minimum tax on world’s billionaires, urges Spanish minister
Carlos Cuerpo calls on G20 leaders to act and says election results show citizens want redistribution of wealth. Spain’s economy minister has urged the world’s richest countries to “be brave” and ...World - The Guardian - 21 hours ago -
Trump tax plans could exempt 93 million Americans from income taxes
Even if Donald Trump wins the November election against Vice President Kamala Harris, his tax overhaul will require a friendly House of Representatives.Business - CNBC - October 21 -
Whether it is President Harris or President Trump, a battle over taxes and tips is headed to Capitol Hill
Donald Trump and Kamala Harris back no-tax-on-tips policy, but in an election where the economy is the No. 1 issue, economists say the idea is flawed.Business - CNBC - November 4
