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The National Minimum Wage
Each year an increasing number of firms find themselves ‘named and shamed’ by HMRC for not paying their staff the National Minimum Wage (NMW) or National Living Wage. In many cases this occurs by accident as those responsible did not understand or had misinterpreted the rules when making the necessary calculations. To avoid potentially hefty financial penalties it is important that payroll staff fully understand how it works.
This online course will demystify these complex regulations and clarify who is entitled to what and how the calculations are made and errors corrected. It will explain how HMRC operates regarding enforcement and what to expect from recent and forthcoming changes.
This webinar is designed and delivered by payroll experts and is practical, packed with advice and informative. Even if you are satisfied that you pay more than the NMW, it is still essential training to help your payroll teams avoid making errors that could result in HMRC taking action against you.
This webinar will cover the following topics:
This online course will help your payroll and HR teams understand the employer's obligation regarding the National Minimum Wage Regulations. If you are a payroll agent this will also be a key part of your payroll service provision to clients.
This course will answer the following questions.