How much holiday pay to give your staff

For a 5-day week worker, the entitlement is 5.6 paid weeks or 28 days per annum which can include public holidays. In the case of 6 days per week workers, it is capped at the 28 days. It is calculated from the first day of employment. For those working less than a 5-day week, it would be pro-rata.

Coming from old EU law which still applies in the UK, a worker must take at least 4 weeks holiday per leave year, If less is taken, it cannot be carried over. You are not permitted to “buy” unused statutory leave.

The amount payable per week is obvious where pay is fixed. If it is not, then a 12-week average is used.

Here is a link if you need more information.

https://www.gov.uk/calculate-your-holiday-entitlement

If you’re interested in this week’s topic but not sure what to do next, contact us via the link below. We’re always trying to help businesses to succeed, so, by working with them, we can help them to reach their goals.

Interested in our services? Baxterworld’s accountancy services an help you make more money, and save more money. Our specialised accountants are capable of payroll, tax returns, management accounting, ordering goods and much more, so what are you waiting for?. Interested in revolutionising your finances, then contact us today!

We offer Free Discovery Calls for anyone that wants to find out more information about our services here at Baxterworld.

Find a chartered accountant | Contact Us

#holiday #holidaypay #takecontrol #holidaytravel #wagesandsalaries #employeebenefits #employersolutions #employersupport