New minimum wage rates came into effect on 1 April 2022 and your Payroll processes should now be taking account of this. There is, however, a lot more to being minimum wage compliant than simply paying a higher hourly rate. Here are two things to watch out for if you want to avoid an unexpected penalty from HMRC.
Breaking the rules for the National Minimum Wage can be costly. Potential large fines and negative publicity could damage your reputation as an employer. Now is a good time to check if your business is compliant.