New announcement. Learn more


News and advice to help make your property business a success

Landlords TaxProperty TaxLandlords Tax ReturnsProperty AccountsProperty Tax ReturnLandlords AccountsChartered AccountantsOnline AccountantOnline BookkeepingOnline Tax ReturnsTax ReturnsYour Online AccountantYour Online BookkeeperBusinessadviceAccountingTaxCashflowSmallbusinessBusinesstipsProperty AccountantTaxplanningVATFurnished Holiday LettingsInheritance TaxPropertyProperty bookkeeperAnnual Exempt AmountBusiness RateCapital AllowancesCapital gains tax propertyComplianceDeductibleexpensesEmployment AllowanceFinanceFinancialmanagementHoliday Lets TaxLandlords AccountantLandlords FinancialMaking Tax DigitalMileage AllowanceMobilephonesOverlapreliefPensionPprProperty Company TaxProperty Tax Deductible ExpensesRent a Room ReliefSDLTSmall BusinessTaxreturnTimetoPayVAT invoice60 day capital gains limitAccrualsbasisAcquisitionsAdvisoryfuelratesAIAirBnBAllowable Business ExpensesAlphabet sharesAmapAnnual Tax on Enveloped DwellingsAppealAssessmentAsset disposalAssociated CompanyAssociated Company Tax RulesBad DebtBad Debt Tax ReliefBaddebtsBadgesoftradeBeancounterBenefits in KindBreakeven PointBudgetBusiness adviceBusiness asset defermentBusiness coachBusiness ContinuityBusiness EntertainmentBusiness ExpensesBusiness Rates ReliefBusiness tipsBusinessgrowthBusinesstypesBuy or Lease EquipmentBuytoletCapital Allowances for CarsCapitalallowancesCar Capital AllowancesCarry Back LossesCgtChange of Tax BasisChatGPTCIS SchemeCommon TenantCompanies ExpenditureCompanies HouseCompany Account DeadlinesCompany Account FilingCompany Strike OffCompany Tax Efficient PropertyCompanyassociationCompanyloanstaxfreeCompulsory Strike OffConstruction Industry SchemeContacthmrcContentmarketingCorporation Tax LossesCorporation Tax New RegimeCorporation Tax RatesCorporationTaxCostsCryptocurrencyDeductible Business ExpensesDepreciationDevelopmentDirectorsDirectors LoansDirectorsloansDisallowable Business ExpensesDiscoveryDisincorporationDividend allowanceDividend Allowance ReductionDividend PlanningDividendsDLADomestic Items Tax ReliefDormantcompanyEmployee DiscountEmployee managementEmployeecompensationpaymentsEmployeeOwnershipTrustEndoflifeplanningEnquiryEnterpriseResourcePlanningEntrepreneurmindsetEquityExpensesExpenses Allowed For TaxEyetestsFHLsFlippingFurnished Holiday Lets TaxGift AidGiftsGrowthhacksHelp to pay tax billsHICBCHMO Licensing FeesHMRC complaintsHoldoverreliefHoliday Lettings TaxHow to apply for a Business LoanHow to Extract ProfitHumourIhtexemptionsIllegaldividendsInfluencersInheritance Tax Nil Rate BandInterestrestrictionInvestment Property TaxJoint TenantKeypersoninsuranceLandlord RepairsLandlords Self AssessmentLate vat registrationLBTTLeadgenerationLeadmagnetLeanbusinessmodelLetting Agent DisbursementsLetting Agent RecharresLettings ReliefLimitedcompanyLong Lets TaxLongserviceLTTMainresidencereliefMakingTaxDigitalManaged LetsManagement accountingMileage paymentMinimumwageMixedusesdltMortgage costsMortgage Interest ReliefNew propertyNewcompanycarfuelratesNewnicrulesNIC 2023 to 2024NIC savingsNmwerrorsNon-taxableOptiontotaxvatOverpayment ReliefPaperformPartnershipPartnershipbusinessesParttimePatternofoccupancyPAYEPAYE by Direct DebitPenaltypointsPension Payments Tax ReliefPerformance-reviewsPeriodsofabsencePersonal financePersonalallowancePersonalguaranteesPostcessationreliefProfitProfit-and-lossProperty AllowanceProperty Development CompanyProperty IncorporationProperty Investment CompanyProperty investor accountsProperty investor tax tipsProperty LettingProperty Rental BusinessProperty TradingPropertyallowancePropertycompanyRecharges by Estate AgentsRegularpaymentsReimbursedexpensesRent your driveRentalRentaroomResearch & DevolopmentResidence ReliefResidential property gainsRetail stock controlRetainedprofitsRoom for rent taxSASalarySDLT changesSection 455 TaxSelective Licences LandlordsSelf AssessmentSelf-employednicSelfemployedSeperationServicechargesSettlementslegislationSimplified ExpensesSmallbizSmallbusinessratereliefSoftwareSpring BudgetStaffpartiesStamp dutySuccessJourneyTax Allowance on DrivewaysTax AllowancesTax DeadlinesTax Filing DeadlinesTax Free ChildcareTax free incomeTax on Company VansTax positionTax ReliefTax tips for landlordsTaxbillpaymentsTaxconsequencesTaxincentivesTaxpositionTaxpositionassetsTaxreliefTaxreliefsTaxsesTerminationpaymentsTipsTrade professionalTransfer AssetsTransfer Assets Between SpousesUndisclosedincomeUnpaid RentVAT Bad Debt ReliefVAT DeadlinesVAT DisbursementsVAT PenaltiesVAT registrationVatpenaltiesVatregisteredVatregistrationthresholdWellbeing

Common NMW errors to avoid

Common NMW errors to avoid

Workers are entitled to be paid the National Living Wage (NLW) or Minimum Wage (NMW) for their age. Employers who fail to do this run the risk of financial penalties and of being ‘named and shamed’. To help employers avoid mistakes, HMRC have produced a checklist of 18 common errors. These are listed below.

Common error 1

Making deductions or taking payments from workers for items or expenses connected with their job which reduce the worker’s pay below the statutory minimum.

Common error 2

Making wage deductions or taking payments from workers for the employer’s own use or benefit where the employer is free to use the money for their own benefit, and making the deduction or taking the benefit reduces the worker’s pay below the statutory minimum.

Common error 3

Failure to pay for additional time added on to a worker’s shift, for example, team handovers between shifts or time spent passing through security checks on entry and exit.

Common error 4

Failure to pay a worker for any time during their shift when they are at the workplace and are required to be available for work, even if no work is being provided at that time.

Common error 5

Failure to pay a worker for travelling time.

Common error 6

Failure to pay the worker for time spent training

Common error 7

Failure to pay the worker sufficient money for time worked during a sleep-in shift.

Common error 8

Incorrectly applying the minimum wage accommodation offset when living accommodation is provided to the worker by the employer.

Common error 9

Paying the NMW apprentice rate to a worker who is not a genuine apprentice.

Common error 10

Paying the NMW apprentice rate before a worker starts their apprenticeship or after it ends.

Common error 11

Continuing to pay the NMW apprentice rate to an apprentice who is aged 19 or over or when they have completed the first year of their apprenticeship.

Common error 12

Failing to pay an apprentice for the time that they have spent training or studying as part of their apprenticeship.

Common error 13

Failure to apply the annual increases to the NLW and NMW which take effect from 1 April each year.

Common error 14

Failing to increase the rate paid when a worker moves into the NLW or a higher NMW age bracket. Age-related increases apply when a worker turns 18, 21 or 23.

Common error 15

Including an element of pay that does not count towards the NMW (such as tips) when checking whether workers have been paid at least the NLW/NMW for their age.

Common error 16

Failing to pay the NLW/NMW to a person on work experience or to an intern when they are entitled to it.

Common error 17

Failing to take account of excess hours worked by salaried staff which reduce the worker’s pay below the statutory minimum.

Common error 18

Failure to distinguish between different types of worker (e.g., salaried, time, output or unmeasured) and to calculate the NLW/NMW accordingly.