HMRC has published the names of 70 businesses that have failed to pay their workers the National Minimum Wage. Common problems are caused by errors in failing to recognise when a worker moves between rates because of a birthday. This particularly affects those on apprentice rates. The adult rate for those aged 21 and above is presently £6.50 per hour and is due to increase in October 2015. The other rates are £5.13 for 18-20-year-olds and £3.79 for under 18s (with special rates for apprentices). There are other things that may be taken into account, for example if accommodation is provided.
Offences range across the country and across the board, from underpayments of £37,000 to just £100. Imagine being named on a list like this for the sake of £100; it can destroy your professional credibility and you will, of course, be penalised regardless.
The Pay Pod will ensure that your business does not fall into this category. We have checks and processes in place to make sure your business is fully compliant with payroll legislation at all times.
In addition, we also are geared up to assist you to smoothly enter the workplace pension scheme known as Auto-Enrolment, which all businesses must enter into.
Contact us today to see what benefits and cost-savings you can achieve by outsourcing your payroll.
The Pay Pod can manage your payroll and auto-enrolment allowing you to manage your business.
For further information and friendly advice, contact us today.