Top 50 City firm Taylor Rose has cited a ‘miscalculation’ after being named on a government list of minimum wage under-payers.
The Fair Work Agency, part of the Department for Business, listed the firm among nearly 660 employers who it said had failed to pay staff the national minimum wage. In total, Taylor Rose was said to have failed to pay almost £9,000 to 63 employees.
The firm said today the discrepancy had been caused by an unintentional miscalculation involving salary pension contributions and car parking deductions at its former Peterborough office from 2021 to 2024.
Taylor Rose worked with HM Revenue & Customs to resolve the issue and completed all remedial action in June 2025, the firm said. All affected current and former employees received the amounts due through the May 2025 payroll process and the associated financial penalty was paid.
A spokesperson added: ‘Since then, we have enhanced our payroll checking procedures to align with HMRC’s preferred calculation methodology, removed the car parking deduction that contributed to the issue and increased pay levels for lower-paid employees. These measures remain in place today and we continue to carry out monthly checks to ensure full compliance with National Minimum Wage requirements.
‘Taylor Rose takes its responsibilities as an employer seriously and remains committed to ensuring all colleagues are paid correctly and in accordance with employment legislation.’
The firm was reportedly the subject of a potential buyout from a private equity house earlier this year, before the investor pulled out. The firm’s pre-tax profit for 2024/25 was £9.8m, with revenue increasing by 27% to £124m.
Meanwhile Shahzads Law, based in the London Borough of Waltham Forest, was found to have failed to pay £8,316 to two workers. The Gazette has contacted the firm for a comment.
Three firms from Northern Ireland – Ò Muirigh Solicitors Limited in Belfast, Patterson & Rocks Solicitors from Newry and Rosemary Gawn Solicitors from Ballymena – were also on the list.
Retailer B&Q Limited was the largest under-payer on the list after failing to pay around £457,000 to 4,530 workers.
Kate Dearden, minister for the future of work, said: ‘We’re making sure workers get the hard-earned pay they deserve, and where employers fall short, they will be held to account. Every employer should check their payroll now and reach out to Acas if they need further support.’
No comments yet