 |
|
|
|
|
|
Business news : October 2009
National Minimum Wage Increases
The adult rate of the National Minimum Wage (NMW) increases to £5.80 (£5.73) an hour from 1 October 2009. This is payable to those age 22 and over.
The hourly development rate increases to £4.83 (£4.77) and for 16 and 17 year olds to £3.57 (£3.53) an hour.
HMRC are able to charge penalties to those employers found to be in breach of the NMW rules.
If you have any queries on the NMW please do get in touch.
Internet links: NMW rates and HMRC guidance on penalties
For more information, contact Gareth Hughes & Co on 01492 593345.
To find out more about how we can help you, or to arrange a free initial meeting, please contact us.
 |
Gareth Hughes & Co - North Wales Accountants |