James Shepherd provides expert guidance on new regulations for tipping in EasyTip blog
One of our senior managers, James Shepherd, was recently asked by EasyTip to supply an advice and information blog about a new UK employment tips bill due to be implemented in October 2024.
EasyTip, a client of Warrener Stewart, manages a leading cashless tipping platform used by service industry businesses all over the world to collect and distribute cashless tips. The blog, ‘Navigating the New Employment Tips Bill’, offers expert insights into tipping in the hospitality industry, and explores the potential impact the new bill might have on businesses.
In the blog James provides clear answers to some key questions relating to the new Act, such as the employers’ responsibilities, and the likely implications of failing to comply. He also looks at the benefits of using a third party to collect tips, and the positive outcomes the new legislation is likely to deliver.
James said; “The primary purpose of the Employment (Allocation of Tips) Act is to ensure the fair and transparent allocation of tips, gratuities, and service charges. Until the introduction of this new act there has been no legal framework enforced over tips. The changes being introduced are around fairness and transparency, the protection of employee rights, and the enforcement of these. There are potential benefits for both businesses and staff so the Act should be seen as a positive development. Businesses that are ethical, and demonstrate a commitment to fair treatment of employees, are valued by customers, while fairer tip allocations can lead to increased employee satisfaction and morale."
Alex Eagle, who heads up the EasyTip account for Warrener Stewart, said; “We’ve worked with EasyTip since the company was formed in 2020, providing business advisory services, as well as handling their company accounts, UK payroll and corporation tax obligations. We were delighted to be asked to contribute to their blog and I’m certain that James’s informative piece will provide both clarity and reassurance to businesses in the hospitality sector.”
You can read the full blog here.