HMT News – August 2014
Every month, HMT publish a newsletter that will keep you updated on latest business information, event news and provide you with helpful hints and tips.
Businesses which currently offer prompt payment discounts (PPD) to their customers need to be aware that there are some changes ahead to the rules. Read full story
Holiday pay law
The CBI are warning that employers are facing the risk of significant additional costs, potentially ‘billions of pounds’, from employment tribunals challenging the normal calculation of holiday pay under the Working Time Regulations. Read full story
HMT LLP mobile app is available on Appstore and Google Play
We have recently launched the free HMT LLP app available on iPad, iPhone and Android devices. Our app is full of tax tables, various online calculators, important key dates and useful business news, available 24/7, for free; from anywhere you can have an internet connection. Read full story and download the app.
National Minimum Wage consultation
The Low Pay Commission (LPC) has launched a National Minimum Wage (NMW) consultation which runs until 26 September 2014. Read full story
Extension to flexible working rights
The right to request flexible working has been extended to all employees with at least 26 weeks’ service from 30th June 2014. Read full story
HMRC will shortly start alerting employers where their records show that they have failed to make their PAYE or Construction Industry Scheme payments in full by their due date. Read full story
Zero hours contracts and exclusivity clauses
Zero hours contracts are those where the employer does not guarantee to provide the worker with any work and pays the worker only for work actually carried out. The Government estimates that some 125,000 employees are on such contracts. Read full story