Minimum Wage Fines Quadruple for Employers

Increase_TaxAgility Accountants LondonEmployers who choose not to pay their workers the National Minimum Wage (NMW) will soon see fines quadruple, with a penalty being put into place of £20,000 per-employee underpaid, plus an added financial penalty of 100% of the unpaid wages owed to workers.

Under previous rules, such employers caught breaking NMW law were required to pay the unpaid wages, plus just 50% of the total underpayment for every worker who has been underpaid. The maximum penalty was also four times smaller, sitting at just £5,000.
Read more