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NEWS

Are You Paying the Correct Rate of Pay?

 

From 1 April 2017 the National Living Wage, payable to employees aged 25 and over and the National Minimum Wage for those under the age of 25 will increase as follows:

Current Rate

From April 2017

£7.20 per hour – 25 yrs old and over

£7.50

£6.95 per hour – 21-24 yrs old

£7.05

£5.55 per hour – 18-20 yrs old

£5.60

£4 per hour – 16-17 yrs old

£4.05

 

HMRC have revealed a list of the more bizarre excuses that they have received from employers who are guilty of not paying their workers the National Minimum Wage.  These include:

  • The employee wasn’t a good worker so I didn’t think they deserved to be paid the National Minimum Wage.
  • I thought it was ok to pay foreign workers below the National Minimum Wage as they aren’t British and don’t have the right to be paid it.
  • I’ve got an agreement with my workers that I won’t pay them the National Minimum Wage: they understand and they’ve even signed a contract to this effect

You can see the full list from HMRC here

If you employ staff in your business and would like help to manage your payroll including meeting your auto enrolment obligations, please call Martin Southern on 023 9248 4356 or email him at mjs@morriscrocker.co.uk

 

16/02/2017

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REF: MC/NL/1.2