Holidays

Holidays

January 26th 2009 6:40 pm

general

On returning to work in the New Year, many will be reaching for the travel brochures to plan their next holiday getaway. Now ...

433 views

On returning to work in the New Year, many will be reaching for the travel brochures to plan their next holiday getaway. Now would be a good time to ensure that your employees’ (or your own) holiday entitlement has been correctly calculated, especially as many employees’ entitlement may need to be increased due to a change in the minimum holiday entitlement, which takes effect later this year. The current minimum statutory holiday entitlement is 4.8 weeks (24 days per annum for an employee working a normal 5 day week). This entitlement has applied since 1 October 2007 and is inclusive of Statutory Bank Holidays. A further increase in entitlement from 4.8 weeks to 5.6 weeks (28 days per annum) applies from 1 April 2009. Where the holiday year end is not 31 March, then employers must pro-rate the entitlement. For example for an employee working a normal 5 day week with a year end of 31 December 2009 then their minimum holiday entitlement would be: 3 months x 4.8 weeks =        6 9 months x 5.6 weeks =      21 Total entitlement                  27 days The Business Link website gives a link to enable an individual’s entitlement to be calculated. This is particularly helpful for part time employees. Source: Business link holiday calculator and BERR website

be smart. find an accountant online now. it's easy!

what type of accounting work do you need help with? choose below.

Disclaimer

We are a lead generation facility for accountants located across the UK. We provide our visitors with the ability to search for accountants directly or provide details of the work they require and seek out accountants looking for clients with similar circumstances. Users of this website are assured that their personal details are not distributed to more than one accountant and that accountant is then allowed to contact the user to discuss the service the accountant can provide. All data transmission on this website and administration facility is carried out under full 256-bit SSL encryption.

Data Protection Registration Number ZA200013

Please read our full disclaimer.