Back to Contents
HMRC webinar: National Minimum Wage 8 December 2020
In recognition of the fact that ensuring employees are paid at the correct National Minimum Wage (NMW) rates can be complex and difficult for some employers and payroll departments, HMRC is hosting a series of webinars to help assist in understanding what counts as working time. In order to guarantee that employees are being paid the correct NMW rates, it is imperative for employers to understand what counts as working time. Even in scenarios where employers pay above minimum wage rates, mistakes that may be made can lead to an underpayment of the NMW.
The live webinar will discuss the elements of working time that are the most common cause of confusion to businesses and employers.
There will be the opportunity for those who join the webinar to ask questions to subject matter experts during the session.
Back to Contents
The Low Pay Commission publishes full report on National Minimum Wage rates from April 2021 10 December 2020
The Low Pay Commission (LPC) has published its full report, which provides full analysis, along with the evidence that underpins the recommendations made on the National Minimum Wage (NMW) rates that will be implemented from April 2021.
As a reminder, the rates that will apply are as follows:
National Living Wage
£8.91
21-22 Year Old Rate
£8.36
18-20 Year Old Rate
£6.56
16-17 Year Old Rate
£4.62
Apprentice Rate
£4.30
Accommodation Offset
£8.36
The recommendations made by the LPC were accepted in full by the government, and the rates were announced within the Spending Review, delivered by Rishi Sunak, on 25 November 2020.
Research that the LPC commissioned has also been published, as it was used in informing the recommendations for the rates to be used from April 2021.
There are a number of chapters within the report, and they cover the following:
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
Page 458 of 590
Made with FlippingBook - Online magazine maker