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NMW Press Release - easements for HEI's

11 February 2020      Julia Ascott, Employment Taxes Specialist

The Government has, today, issued a Press Release announcing changes to the National Minimum Wage (NMW) regulations and you can click here to read this announcement in full.

Further details are due to be issued later today, but the press release indicates:

  1. reintroduction of the name and shame scheme
  2. increase flexibility in how salaried workers are paid by permitting additional payment cycles, allowing employers to choose the 'calculation year' and ability to pay premium pay without losing any other entitlements
  3. removal of financial penalties to employers who offer salary sacrifice arrangements on an 'opt in' basis which takes employees below NMW although strict conditions must apply

For further information, please contact Julia Ascott.

 



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