Holiday Pay Changes 2027: What Every UK Employer Needs to Know | Fair Work Agency

Could your business be at risk of a 200% penalty for holiday pay mistakes? The UK Government is proposing major changes to holiday pay enforcement through the new Fair Work Agency, which could give it the power to investigate employers, review up to six years of holiday pay records, and impose significant penalties for non-compliance. In this video, employment law experts from Thomson Snell & Passmore explain what the proposed changes mean, how holiday pay should be calculated, and the practical steps employers should take now to prepare. In this video: ✔️ What is the Fair Work Agency? ✔️ Why holiday pay enforcement is changing ✔️ How holiday pay should be calculated ✔️ Common holiday pay mistakes employers make ✔️ Rolled-up holiday pay explained ✔️ Six-year record keeping requirements ✔️ Proposed penalties of up to 200% ✔️ How employers can prepare before 2027 If you're an employer, HR professional or business owner, now is the time to review your holiday pay calculations and ensure your processes are compliant. Learn more about our Employment Law team: https://ts-p.co.uk/services/business/... Visit our website: https://ts-p.co.uk #HolidayPay #EmploymentLaw #HR #FairWorkAgency #EmploymentRightsAct #Business #UKEmploymentLaw #HolidayPayUK #hrcompliance 00:00 Introduction 00:13 Holiday pay enforcement changes explained 00:53 What is the Fair Work Agency? 01:30 Why holiday pay enforcement is changing 02:02 How holiday pay is calculated 02:41 Common holiday pay mistakes 03:11 Six-year record keeping requirements 03:40 Government consultation proposals 04:27 Six-year claims and 200% penalties 05:01 Rolled-up holiday pay explained 05:55 How employers should prepare 06:48 Final thoughts