The following Employment Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:
As set out in the National minimum wage ― overview guidance note, when testing to see whether a worker is being paid at least the appropriate national living wage (NLW) or national minimum wage (NMW) minimum rates, the total of pay for a pay reference period has to be divided by the number of hours of work in that pay reference period and the result compared with the appropriate minimum hourly rate. In most cases, the number of hours worked in a reference period is obvious but this guidance note sets out how to calculate the number of hours of work in all circumstances, according to whether the worker is engaged on:
salaried hours work
Detailed BEIS guidance is available on the GOV.UK website. There is also a Helpline available operated by ACAS on 0300 1231100.
In addition to time spent actually working, the following count as hours worked for the purposes of the NMW calculation:
hours spent on business travel when the worker would otherwise be working (this specifically excludes commuting to / from the worker’s home, except in the case of output or unmeasured work where a homeworker’s time travelling to / from other workplaces does count as work)
for salaried hours work and time work only, hours spent training, or travelling to / from training when the worker would otherwise be working (see SI 2015/621, regs 19–20)
for salaried hours work and time work only, hours when the worker is ‘on standby’ or ‘on call’, ie available for work duties at or near the workplace (unless at home). This can, in very limited circumstances, include time spent sleeping (see below)
In addition to the above list, the BEIS guidance makes clear that for salaried hours work and time work only, if an employee spends time at the workplace for the purposes of work, but cannot do so because of a
**Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason.
Access this article and thousands of others like it free for 7 days with a trial of TolleyGuidance.
Read full article
Already a subscriber? Login
What is a settlor-interested trust?A settlor-interested trust is one where the person who created the trust, the settlor, has kept for himself some or all of the benefits attaching to the property which he has given away. A straightforward example is where a settlor transfers assets to trustees for
IntroductionConsortium relief enables losses of a consortium company to be transferred to consortium members in proportion to the consortium member’s interest in the consortium company, and vice versa. Consortium relief is a flexible relief which is available in several different scenarios which are
The transactions in securities (TiS) legislation is anti-avoidance legislation aimed at situations where close company shareholders have engineered a disposal of shares to obtain a beneficial capital gains tax (CGT) rate, ie avoid income tax, on specified transactions.The targeted anti-avoidance
This guidance note explains how trustees of bare trusts are treated for income tax and capital gains purposes. Although a bare trust is, in equity, a type of trust, for both income tax and capital gains tax purposes its existence is transparent. This means that no tax liability falls on the trustees