TIER 1 JOB CREATION HOURLY RATE MISCALCULATIONS ETC

[tier1me]

Hello Guys,

I have my extension application due in October. I have employed two permanent workers and I have been paying them monthly at 120 hours per month for 7 months before I realised if I continue to pay them a round 120 hours per month it wont be upto 3120 hours requires by HO. I plan to increase the number of hours for the two of them to 144 hours per month to meet up the 3120 hours. Will this be ok. Someone please advise me. I also made a mistake by paying one of the workers below minimum wage for 6 months, the minimum wage was 5.3 for 18 years in September, I didnt realise it was increased to 5.55 in october so I have been paying 5.3/hour. Can I simply pay her the difference and indicate it in the PAYE AND NI document.
Lastly, I actually invested 200k in shares into my company limited liability and another 64k as loan to the business. I am sole owner. I paid a Director allowance of 4800 pounds at 800 per month for six months. I hope the excess investment covers this. Should I mention this in my application. Need your help in this regard.

[tier1me]

I am waiting for your kind responses please.

[CR001]

I am waiting for your kind responses please.

Strongly suggest some patience rather than bumping your topic after only 15 minutes or so.

[zimba]

Ignore the monthly payments for now. How many hours a week your employees have worked ??
In order for them to be counted as full time, that must be 30 hours per week.

[tier1me]

Thanks Zimbaa,
They have been paid 30 hours per week for 29 weeks


Tier1me

[zimba]

Just calculate the hours based on the weeks . You need 104 weeks of full time employment. I suggest to adjust the future payments to cover for where you failed to pay the min wage via your accountant.

[seasky]

"It’s a criminal offence for employers to not pay someone the National Minimum Wage or National Living Wage, or to fake payment records."