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Watson Buckle
Welcome to our quarterly Payroll Bulletin

Welcome to our latest Payroll Bulletin, keeping you up to date with ideas and information that help you understand the facts and figures necessary to be more effective and make smarter business decisions.

In this edition, we will take a look at a new approach to National Minimum Wage (NMW) enforcement which could prove costly for businesses who take on-board new workers via TUPE transfers, and a new survey suggesting that PAYE is ‘Britain’s second biggest tax burden’.

We then take a look at news that so-called ‘phantom hours’ are costing many small firms dear, before finishing with an article about how hundreds of businesses are still falling foul of NMW compliance rules.

Contact us to find out how we can help you or visit our website for more information

New approach to NMW enforcement could cost businesses dear

A new approach to enforcing the National Minimum Wage (NMW) introduced by HM Revenue & Customs (HMRC) in recent weeks could prove costly for employers who take on-board new workers via transfers, it has been warned.

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BCC survey reveals that PAYE is ‘Britain’s second biggest tax burden’

According to the results of a recent survey conducted by the British Chambers of Commerce (BCC), PAYE is the second biggest compliance burden to businesses in the UK, with 54 per cent of those polled complaining about it.

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‘Phantom hours’ proving costly for UK firms

Recent research has found that shift workers in the retail, hospitality and leisure industries are overstating their working hours by almost half an hour per week, which is costing businesses a staggering £37 million a week.

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Hundreds of businesses falling foul of NMW rules

Official figures published in recent days have revealed that a record £15.6 million of underpayment to workers has been uncovered in the past year, prompting huge fines against employers.

Read more...

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