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Minimum Wage Increase April 2022

Minimum wage 2022

The National Minimum Wage is due to increase as of the 1st April 2022. This increases each year but how much you’re entitled to depends on your age and if you are an apprentice. To qualify for the National Minimum Wage you must be of school leaving age. To qualify for the National Living Wage … Read more

National Living Wage Increase

National Living Wage Increase

The national living wage will rise 59 pence from £8.91 to £9.50 from 1 April 2022 The Treasury has announced that the Chancellor will increase the national living wage by 6.6% which is expected to give a full-time worker, working 35 hours per week, an extra £1,000 per year. The national minimum wage is to … Read more

National Minimum Wage

pay rates 2021/22

HMRC reveals absurd excuses for not paying National Minimum Wage With the vast majority of employers pay their employees at least the National Minimum Wage. HM Revenue and Customs (HMRC) has released some of the most absurd excuses used for not paying the legal minimum. During the 2020/21 year HMRC helped more than 155,000 workers … Read more

Statutory Pay Rates From April 2021

pay rates 2021/22

The Government has announced its proposed pay rates for statutory maternity, paternity, adoption, parental bereavement and shared parental payments from April 2021 (policy paper is here). The rates for 2021/22 for statutory maternity, paternity, adoption, parental bereavement and shared parental pay is set to increase from £151.20 to £151.97 per week. Additionally, the rate of statutory … Read more

2020/21 Tax year updates

2020-21 increases tax pensions student loans hourly wage minimum wage

NIC Threshold Rise With the 2020/21 tax year starting on 6th April 2020 we see the NIC threshold rise to £9,500. The personal allowance is set to stay at £12,500. This will result in a cut of £104 for the average full time worker and a cut of £78 for the average self-employed worker. Hourly … Read more

National Minimum Wage Increase April 2020

Minimum wage increase

If you are an employer, you need to take account of the new levels of the National Minimum Wage increase coming into effect on 1st April, 2020. The hourly rate for the minimum wage depends on your age and whether you’re an apprentice. The minimum wage increases each April. To qualify you must: Be school … Read more