More than 500 employers named for breaching national minimum wage rules
More than 500 employers named for breaching national minimum wage rules
Commenting on the publication of the latest list of employers found in breach of National Minimum Wage rules, Caroline Harwood, Employer Tax Partner at BDO said:
“It’s always a bit of a shock to see so many well-known names appearing on HMRC’s list of employers who have been found to be in breach of national minimum wage rules.
“HMRC’s list doesn’t differentiate between breaches that are deliberate and those which are accidental. Many employers on the list may well have acted with the best intentions but made inadvertent mistakes when calculating workers’ pay.
“Common areas that can lead to underpayments are things like deductions from pay linked to salary sacrifice schemes, uniforms or other voluntary deductions. Employers can also fall foul by failing to have robust time monitoring processes in place.
“With significant increases to the national minimum wage rates coming into force from April this year, employers will need to double check to make sure that they are fully prepared.”
ENDS
Note to editors
About BDO
Accountancy and business advisory firm BDO LLP provides integrated advice and solutions to help businesses navigate a changing world.
The organisations we work with are Britain’s economic engine – entrepreneurially-spirited, high-growth businesses that fuel the economy.
We understand the ambitions and entrepreneurial mindset of those we work with and have the global reach, integrity and expertise to help people and businesses succeed.
BDO LLP
BDO LLP operates in 18 offices across the UK, employing 7,500 people offering tax, audit and assurance, and a range of advisory services. BDO LLP is the UK member firm of the BDO international network.
BDO’s global network
The BDO global network provides business advisory services in 164 countries and territories, with 111,300 people working out of 1,803 offices worldwide. It has revenues of US$12.8bn.
Contacts
Frank Shepherd
PR Manager
frank.x.shepherd@bdo.co.uk
Press office
media@bdo.co.uk
“It’s always a bit of a shock to see so many well-known names appearing on HMRC’s list of employers who have been found to be in breach of national minimum wage rules.
“HMRC’s list doesn’t differentiate between breaches that are deliberate and those which are accidental. Many employers on the list may well have acted with the best intentions but made inadvertent mistakes when calculating workers’ pay.
“Common areas that can lead to underpayments are things like deductions from pay linked to salary sacrifice schemes, uniforms or other voluntary deductions. Employers can also fall foul by failing to have robust time monitoring processes in place.
“With significant increases to the national minimum wage rates coming into force from April this year, employers will need to double check to make sure that they are fully prepared.”
ENDS
Note to editors
About BDO
Accountancy and business advisory firm BDO LLP provides integrated advice and solutions to help businesses navigate a changing world.
The organisations we work with are Britain’s economic engine – entrepreneurially-spirited, high-growth businesses that fuel the economy.
We understand the ambitions and entrepreneurial mindset of those we work with and have the global reach, integrity and expertise to help people and businesses succeed.
BDO LLP
BDO LLP operates in 18 offices across the UK, employing 7,500 people offering tax, audit and assurance, and a range of advisory services. BDO LLP is the UK member firm of the BDO international network.
BDO’s global network
The BDO global network provides business advisory services in 164 countries and territories, with 111,300 people working out of 1,803 offices worldwide. It has revenues of US$12.8bn.
Contacts
Frank Shepherd
PR Manager
frank.x.shepherd@bdo.co.uk
Press office
media@bdo.co.uk