Many business owners may now face back-dated claims for underpaid holiday. For small businesses this will cause them a real headache in their planning and potentially cripple their cash flow.
The Employment Appeals Tribunal has given permission for its decision to be appealed, so things may still be up in the air. However, Lee Perkins is advising businesses to act now with the following steps:
He added: “Businesses need to look carefully at this ruling and plan appropriately. The potential impact on payroll teams and future cashflow is huge, so our advice is to start getting your house in order now to avoid being caught out.
“Our priority is to communicate to our customers and reassure them that we will support them through this change.”