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”
By Munna Manji on July 20, 2015 in Budget 2015, Chancellor, Finance, HMRC, Ltd Company, National Minimum Wage, NMW, Payroll, Pension, Salaries, Self Employed
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 […]