We offer a range of high quality accounting, financial and business services in and around Milton Keynes.

Businesses urged to publish gender pay gap figures as deadline approaches

04 Apr 2018

The government has urged businesses in the voluntary and private sectors to publish their gender pay gap data ahead of the deadline of midnight on 4 April.

Around 9,000 businesses with 250 employees or more are required by law to publish their gender pay gap figures on their website. Firms must also report their data to the government via its gender pay gap reporting service.

Voluntary and private sector employers with 250 employees or more must publish their figures by midnight on 4 April 2018. Public sector employers were required to publish their figures by 30 March 2018.

Businesses who fail to comply with the requirements will face ‘unlimited fines’ and enforcement action from the Equality and Human Rights Commission (EHRC).

Data recently published by the Government Equalities Office suggested that 77% of businesses who have published their gender pay gap data pay male employees more than female employees. 8% reported that they have ‘no gender pay gap at all’.  

Commenting on the gender pay gap reporting requirements, Carolyn Fairbairn, Director General of the Confederation of British Industry (CBI), said: ‘Gender pay gap reporting is an opportunity for businesses to drive change in their workplaces.

‘But businesses can’t close the gap by themselves. Many of the causes of the gender pay gap lie outside of the workplace, and will require a partnership between companies and the government if we are to deliver long-term, lasting change.’

Register

Why not register to receive our monthly newswire? This is packed full of essential business news and handy tax tips to help save you money.

Learn more

Tax Calendar

Our handy tax calendar provides an overview of the key tax dates for your diary.

Learn more

Calculators

B2B’s interactive tax calculators can be used to calculate VAT due, the taxable benefits on your company car and how much your savings are worth.

Learn more

Home | About us | Contact us | Logon | Register | Accessibility | Disclaimer | Help | Site map |

© 2024 B2B Business Advisors Limited. All rights reserved.

We use cookies on this website, you can find more information about cookies here.
Chartered Tax Adviser

Registered in England, Company Registration number – 7906656. Registered Office – 58b High Street, Stony Stratford, Milton Keynes, MK11 1AQ. Registered with the Chartered Institute of Taxation as a firm of Chartered Tax Advisers. Registered to carry out audit work and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.