Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Hospitality businesses urged to act on new tipping regulations ahead of October deadline

by September 23, 2024
September 23, 2024

UK hospitality businesses, including pubs and restaurants, are being warned to ensure compliance with new tipping laws set to take effect from October 1st.

Lynne Blakey, director at wealth management and advisory firm Evelyn Partners, is advising employers to prepare for the changes introduced by the Employment (Allocation of Tips) Act. This legislation mandates that employers distribute 100 per cent of tips and service charges to staff without deductions.

Blakey, who has first-hand experience in the hospitality sector from her role as a former finance director at The Newt in Somerset, stressed that many businesses remain unprepared for the legal shift. “The new rules require tips to be distributed transparently and fairly, at the location where they were earned, within a set timeframe. This will affect employers who have previously held back tips or pooled them across multiple venues,” she explained.

The legislation also requires businesses to establish a formal written policy outlining how tips are managed and distributed, and to maintain accurate records. Employers must ensure fair tip allocation across all staff, including zero-hours and agency workers, who now have the right to request information on their share of tips if they suspect discrepancies.

Read more:
Hospitality businesses urged to act on new tipping regulations ahead of October deadline

0
FacebookTwitterGoogle +Pinterest
previous post
Oil advocates ‘skeptical’ of Harris pivot on fracking, but say her shift shows stance is a ‘winning issue’
next post
Up to 4 million homes could be built on green belt under Rayner’s planning overhaul

You may also like

Property investment challenges in 2023

December 7, 2022

Remote workers feel “policed” by unpredictable managers

June 14, 2023

Duolingo to replace contract workers with AI in...

April 30, 2025

Accountants urge Brits to fight taxman as penalties...

January 10, 2024

Sunak’s government ‘going backwards’ on green economy, says...

December 5, 2022

Nicole Kidman Joins Paycom Webinar and Podcast to...

January 31, 2025

British space companies aim for the stars with...

July 8, 2024

The perfect way to introduce language learning into...

October 31, 2022

Made in Britain applications surge following Trump tariffs...

May 2, 2025

How Faris Abusharif Is Helping to Evolve the...

November 30, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Chief Justice Roberts sounds alarm on dangerous rhetoric aimed at judges from politicians

      June 29, 2025
    • Britain’s fastest-growing firms revealed for 2025: Dfyne, Nala’s Baby and Hawkstone lead the charge

      June 29, 2025
    • Schumer to force Senate reading of Trump’s entire ‘big, beautiful bill’

      June 28, 2025
    • Rubio condemns Iran’s ‘unacceptable’ threats against IAEA director

      June 28, 2025
    • Key blue state Republican says Senate’s local tax write-off offer is a ‘good deal’

      June 28, 2025
    • Key GOP senator defects on crucial vote, imperiling Trump’s ‘big, beautiful bill’ in narrow majority

      June 28, 2025

    Categories

    • Business (8,330)
    • Investing (2,081)
    • Politics (15,852)
    • Stocks (3,177)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved