The Government has set new regulations when it comes to holiday and holiday pay, effective from April this year. Here’s what you need to know. April ’24 lead date The new Regulations took effect on 1st January 2024. However, they relate to leave years starting on or beyond April 1st. Of course, most employers use a 1st January – 31st December leave year - which may mean some HR head-scratching to decide what to do and from when. If you decide to change your current…
Are you like me, increasingly confused about leaving tips when you eat out? Do you interrogate the waiting staff about who benefits from the ‘service charge’ that’s appeared on your bill? Do you find yourself fuming because you gave the waiter a cash tip only to spot, subsequently, that a service charge had already been added? The swing to a cashless society, accelerated by the Covid-19 pandemic, reflects a significant lifestyle change. The practice of adding a service charge to bills, mainly in the hospitality…
Please note, legislation has been updated in regards to holiday calculations since this article was written, effective for holiday years starting on or after 1 April 2024. If you’re a Moorepay client, please contact us if you need guidance. Otherwise, please see this article on the changes for more information. Roll up, roll up, for an article explaining rolled-up holiday pay: what it is, when it’s used, and when you should avoid it. Rolled-up holiday pay is one method for paying employees for their statutory holiday entitlement, where…
HMRC have said that they are being more reactive and proactive this year in NMW compliance. With a dedicated Proactive Enforcement team, it's a reminder to all employers to make sure your wages are water-tight. They are sending ‘nudge’ letters, reminder letters, offers of ‘health checks’ and actively visiting business of all types in these regions over this year. What's new? HMRC have told various advisory businesses that they are planning to re-visit a number of previously investigated large businesses (that have had investigations /…
A recent case highlights the importance of clearly worded employee contracts, and the implications for a business if it can be interpreted in more than one way. A case has reached Tribunal which shows just how complicated holiday calculations are if the employee is not simply salaried with no additional pay / varied hours. In this situation, an employee disputes their basic hours - which could mean their employer has breached National Minimum Wage regulations. About the case In January this year, L Lloyd vs…
What’s a benefit in kind (BiK)? Think company cars and private health insurance – they’re valuable, non-cash perks employers give to their staff on top of a salary. Other examples of BiKs are non-business travel and entertainment expenses. In short, it’s stuff that benefits an employee personally, but the business pays for. Benefits in kind are also sometimes called ‘fringe benefits’, and ‘employee perks’. Paying income tax on a benefit in kind Most BiKs are taxable (this is to prevent people replacing their salary with…
On 22 September 2022 the former Chancellor Kwasi Kwarteng announced that the Government would cancel the Health and Social Care Levy. What is the Health and Social Care Levy? The levy was introduced on 7 September 2021 by former Prime Minister Boris Johnson. He proposed that a new 1.25% Health and Social Care Levy would be brought in across the UK to fund investment in the NHS and social care. National Insurance contributions for working age employees, self-employed people and employers was set to increase…
The real living wage has been raised early this year, increasing by a whopping 10% to £10.90 per hour. With this new figure, coupled with the rising costs of living, should employers be increasing wages to match the new ‘real’ living wage? There’s constant talk in the news of the costs of living crisis, energy bills increasing and the 40-year high inflation rate, which is still climbing. With all this going on, the topic of pay rises is on everyone’s minds. Employers are no doubt…
Our Mobile App, birthed by our Next Generation Software, and a certified swot when it comes to impressing employees. Our agile deployment structure means we can fast-track fantastic features straight to our customers and their employees. Hooray! So, the real question is, what have we been working on? Payslip notifications Is there a happier day than payday? We think not. Employees now get a pocket-sized ping when their payslip is ready. We don’t need to tell you they can download it and send it directly…
Businesses across the UK are forever seeing payroll updates coming thick and fast. So, how do you keep up with the latest payroll updates? With so much to remember - and so much at stake if you get it wrong - where do you start? We've got a couple of tips to help you, keep reading to find out more. Email alerts If you want the latest changes to payroll legislation sent directly to your inbox – sign up for relevant email alerts. A great…
