article thumbnail

New plans for public sector productivity ‘will deliver up to £1.8 billion worth of benefits by 2029’

Workplace Insight

billion worth of benefits by 2029. The plan includes a total £800 million investment by 2029 to deliver what the government says will be £1.8 billion worth of benefits by 2029’ appeared first on Workplace Insight. billion worth of productivity benefits. 170 million will be invested into the justice system to support this.

article thumbnail

Medical Plans Have PCORI Fee Extended 10 Years

Fringe Benefit Analysts

As the saying goes, “Once a tax, always a tax.” At the end of 2019, Congress reauthorized the annual payment of the PCORI fee until 2029. While Form 720 is filed quarterly for several other federal excise taxes, the PCORTF fee is only required annually, on the second-quarter filing. This fee is currently $2.54 Scott Deru.

Medical 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

June HR News Worth Review

Higginbotham

The fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). As a result, these fees will continue to apply for the 2020-2029 fiscal years. In general, the PCORI fees are assessed, collected and enforced like taxes. However, the PCORI fee payment for plan years ending in 2021 is due Aug.

article thumbnail

June HR Update

Higginbotham

The fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). As a result, these fees will continue to apply for the 2020-2029 fiscal years. Calculating the PCORI Fee Payment In general, the PCORI fees are assessed, collected and enforced like taxes. for plan years ending on or after Oct.