Year: 2018

Bahamas increases value-added tax

The rate of Value Added Tax (VAT) was increased from 7.5 percent to 12 percent on 1 July 2018. The new rate applies to all policies going into effect on or after 1 July 2018. Medical insurance premiums are subject […]

Australia Modern Slavery Act

The Modern Slavery Act, which passed 27 June 2018, targets extreme working conditions, including low pay, long hours and the absence of rest days. Employers with at least one employee and a minimum turnover of AUD 50 million are required […]

Malta

Malta amends labor law

On 10 August 2018, four legal notices amending the Employment and Industrial Relations Act were published in the Government Gazette of Malta. Two legal notices amend regulations affecting temporary agency workers and business transfers, and two notices introduce new annual […]

Ireland

Ireland to allow maternity leave sharing

A bill has been introduced in the Irish parliament that would allow parents to share the 26 weeks of maternity leave currently provided to mothers. The legislation aims to provide more flexibility to working parents and create greater gender equality. […]

Germany

Germany gives employees the right to temporary part-time work

The German government has introduced legislation expected to come into force 1 January 2019, that would give full-time employees the right to temporarily convert to part-time status (referred to as a “part-time bridge”). This is part of a coalition agreement […]

Spain increases paternity leave

On 5 July 2018, paternity leave for new fathers and partners increased from four weeks paid by social security and two days paid by the employer to five consecutive weeks paid by social security in addition to the two days […]

Serbia passes Anti-Money Laundering (AML) legislation

The government of Serbia passed a law on the prevention of money laundering and terrorism financing that came into effect 1 April 2018 (article 128 of the law). The new law requires insurance undertakings engaged in life insurance (excluding nonlife insurance […]

Serbia amends Foreigners Act

Effective 7 July 2018, amendments to the Employment of Foreigners Act simplified the work permit process by shortening from one month to ten days the period during which the employer is required to justify the hiring of a foreign citizen […]

Puerto Rico allows payroll deductions for loan repayment

Act No. 115 of 20 June 2018, amends Article 5 of Act No. 17 to allow payroll deductions to repay the employer (without interest) for any “loan, salary advance, or [the cost] of any equipment, materials, or goods provided by […]

Poland postpones pension institution restructuring

The restructuring of Poland’s pension institutions, which was anticipated to begin 1 January 2018, has been postponed to 1 July 2019. When the reform comes into force, employers in Poland will be required to automatically enroll employees in a qualified […]