Tipping Legislation, Tax & Compliance for UK Salons
Mark Ronayne, Head of Pay at Phorest, talks about the new ‘Allocation of Tips Act’ coming into effect in the UK in 2024, and what it means for you and your employees.
Watchback Mark Ronayne’s insightful webinar on the UK’s upcoming tipping laws. The Employment (Allocation of Tips) Act, set to be enforced from July 2024, introduces crucial changes with tax and policy implications for salon owners and employees. In this webinar, Mark provides a comprehensive guide on navigating tipping practices, understanding tax considerations, and interpreting the implications of the new legislation for both salon owners and employees. Stay informed and empowered as you prepare for the impact of the evolving regulatory landscape in the UK’s salon industry.
Head of Pay at Phorest
With a little under a decade of experience in both Tax and Payments, Mark now helps lead our Payments team in Phorest. With a career which began in tax and accounting, Mark then moved to Phorest where he has worked in our Finance team and most recently our Payments team for the past 5 years. With a passion for solving customer problems and a deep understanding of both the Tax and Payment landscapes, he is uniquely positioned to help make sure your business understands upcoming changes to UK legislation.