National Minimum Wage compliance in relation to pay advances and loans
The government has issued a bulletin providing advice for employers regarding compliance with the National Minimum Wage (NMW) framework, particularly with regard to the effect under that framework of pay advances and loans to workers, in the context of the coronavirus pandemic.
The bulletin sets out how the practice of an employer making such pay advances or loans sits with continuing compliance with their obligations to pay the NMW. Nothing in the advice is new, but its guidance is useful clarification for employers at the present time.
Latest News
- HMRC helpline changes on hold
27/03/2024 - More...
HMRC has been forced into an embarrassing climbdown on plans to close the Self-Assessment, VAT and PAYE helplines from
- Assistance with debt management
27/03/2024 - More...
Earlier this month, saw the 10th anniversary of the StepChange Debt Charity’s annual Debt Awareness Week. This is
- What are the off-payroll working rules?
27/03/2024 - More...
The rules for individuals providing services via an intermediary such as a personal service company (PSC) are complex.
Newsletter
With our newsletter, you automatically receive our latest news per e-mail and get access to the archive including advanced search options!