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NMWM11190 | Deductions and payments from workers: shares and securities

From HM Revenue & Customs · National Minimum Wage Manual

Relevant legislation

The legislation that applies to this page is as follows:

  • National Minimum Wage Regulations 2015, regulation 12(2)(d)

Any deduction from pay or a payment made to the employer in respect of the purchase of any shares, other securities or share options, or any share in a partnership, will not reduce National Minimum Wage pay.