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

Government to name and shame minimum wage offenders

24 Feb 2020

The UK government has reintroduced the naming and shaming of employers who fail to pay their employees the National Minimum Wage (NMW) or the National Living Wage (NLW).

The government has also increased the threshold for naming employers so that firms owing arrears over £500 in NMW payments to their workforces will now be named. The threshold was previously £100, and the government says this approach means that businesses falling foul of the rules by minimal sums will not be named, provided they correct any errors.

However, the government has warned that offenders must still pay back workers and can face fines of up to 200% of the arrears.

The government said it is also increasing support for employers to comply with NMW legislation. It said changes will provide more flexibility in how salaried workers are paid, without reducing protections for employees.

Commenting on the changes, Business Minister Kelly Tolhurst said: 'Anyone who is entitled to the minimum wage should receive it – no ifs, no buts – and we're cracking down on companies that underpay their workers.

'We also want to make it as easy as possible for employers, especially small businesses and those trying to do right by their staff, to comply with the NMW rules, which is why we're reforming regulations.'

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.