If you have employees then its essential that you keep up to date with the changes to the National Minimum Wage and the National Living Wage as changes are made in most years.
National Living Wage
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The National Living Wage will increase by 6.2% from £8.21 up to £8.72 from April 2020. This is for employees aged 25 and over.
National Minimum Wage
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Again following recommendations the following new rates will also apply from April 2019:
Apprentices up to £4.15 from £3.90
Aged 16-17 up to £4.55 from £4.35
Aged 18-20 up to £6.45 from £6.15
Aged 21-24 up to £8.20 from £7.70
Many businesses outsource payroll to ensure that these changes are made, if you would like to know how we can support you on this please get in touch for a quote.