CIPP Payroll: need to know - 2023-24

The Chartered Institute of Payroll Professionals

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The Low Pay Commission want to hear from you Published: 24 January 2024 Emailed: 24 January 2024

The Low Pay Commission (LPC) wants to meet workers and businesses across the UK to discuss how the National Minimum Wage (NMW) and National Living Wage (NLW) rates affect you.

The LPC makes recommendations to government for the new rates each year, but also conducts comprehensive research on the effects of such changes as well as enforcement and compliance study. To provide this advice and gather evidence they must speak to those it affects.

With regards to businesses, they want to know:

• how businesses have responded to the rising NLW and NMW • the other factors – whether local or national, sector-specific or more general – which affect businesses alongside the minimum wage • compliance and enforcement of the NMW and NLW • how businesses are raising their productivity.

The regional visits will take place in the following places and dates:

Dates

Location

20-21 March 17-18 April 15-16 May 12-13 June

Isle of Wight/ Southampton/ Portsmouth

Dover

Cardiff/ Newport

North Ayrshire and Glasgow

3-4 July

Bangor

31 July- 1 August

Coventry/ Wolverhampton

If you wish to participate, and meet the LPC commissioners, you can get in touch with by emailing lpc@lowpay.gov.uk or call 07511 162380.

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NMW naming and shaming list released Published: 20 February 2024 Emailed: 21 February 2024

The Department for Business and Trade (DBT) has released the latest list of companies that fell afoul of National Minimum Wage (NMW) regulations and were found to have underpaid staff.

This round of naming includes over 500 businesses affecting over 172,000 workers.

The top three reported errors were as follows: • reductions/deductions – 183 employers • unpaid working time – 160 employers •

failure to pay the correct rate to apprentices – 82 employers.

Companies that undergo a compliance check form HM Revenue and Customs (HMRC) can find themselves on this list if they are found to have breached NMW rules. The list shows the number of employees affected as well as a total underpayment found by HMRC.

These underpayments can also be accompanied by a fine for 200% of their value. But bigger than that, the reputational damage of being named on the list can’t be overlooked.

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