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Holidays

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.  The minimum statutory holiday entitlement was raised from 20 days to 24 days per annum from 1 October 2007. This entitlement is inclusive of Bank Holidays. 

Where the holiday year end is not 30 September, then employees are entitled to a pro-rated entitlement. The Business Link website gives a link to enable individual entitlement to be calculated. This is particularly helpful for part time employees.

The further increase in entitlement from 24 to 28 days applies from 1 April 2009.

Internet link: Business link holiday calculator and BERR website

To find out more about how we can help you, please contact Simon Coles & Co, London Chartered Accountants.