Archive | NMW

National Minimum Wage (Oct 2016)

National Minimum Wage rates from 1 October 2016 will be: £6.95 per hour – 21-24 yrs old £5.55 per hour 18 – 20 yrs old £4 per hour – 16-17 yrs old £3.40 for apprentices under 19 or 19 or over who are in the first year of apprenticeship. National Living Wage There will be no change […]

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Budget 2015 – “Post Election”

George Osborne delivered his seventh Budget as chancellor on 8 July 2015 Personal taxation and pay New national living wage will be introduced for all workers aged over 25, starting at £7.20 an hour from April 2016 and set to reach £9 by 2020 – giving an estimated 2.5 million people an average £5,000 rise […]

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