Holiday pay and entitlement reforms from 1st January 2024

Person working with a laptop and filling in paperwork using a calculator.

HMRC’s Working Time Regulations were introduced on 1st January 2024, and as promised, the GLX payroll team are pleased to share these details with you.

The main aim of these changes is to simplify holiday entitlement and holiday pay calculations.

They will be particularly relevant for companies with zero/variable hour employees or part-year workers, such as term-time only workers.

It’s important to note that the reinstated 12.07% holiday calculation (based on 28 days of holiday) and rolled-up holiday calculations can only be used for holiday years that start after 1st April 2024. 

If your holiday year began on 1st January 2024, you’ll need to wait until January 2025 to implement and continue using your current method.

For full information, you can visit the following link:

If you would like to discuss this further, please don’t hesitate to get in touch.