SWPAY
  • Home
  • Who We Are
  • What We Do
  • News and Info
  • Get In Touch

News and Information

Covering SWPay, Payroll, Construction Industry Scheme and Workplace Pensions

National Minimum Wage Increases 2016

19/4/2016

0 Comments

 
The government has recently announced increases in the national minimum wage (NMW) which will take effect from October 2016.

The new rates are as follows:
  • The rate for 21 to 24 year-olds will rise from £6.70 to £6.95
  • The rate for 18 to 20 year-olds will rise from £5.30 to £5.55
  • The rate for 16 to 17 year-olds will rise from £3.87 to £4.00
  • The apprentice rate will rise from £3.30 to £3.40

These rate rises follow the introduction of the national living wage (NLW) of £7.20 which took affect from April 2016 for workers aged 25 and over.
0 Comments



Leave a Reply.

    Author

    Paul Hills
    Chartered Accountant
    Enterprise Mentor

    Archives

    February 2020
    September 2018
    April 2018
    February 2018
    February 2017
    January 2017
    May 2016
    April 2016

    Categories

    All
    Allowances
    Auto Enrolment
    HMRC Compliance
    National Living Wage
    National Minimum Wage
    NEST Pension
    Outsourcing Payroll
    Pension Scheme
    Workplace Pension

    RSS Feed

Home
Who We Are
What We Do
News and Info​
​Get In Touch
Picture
©2019 SWPAY. All rights reserved. SWPAY is a service provided by Simpson Wreford LLP, Chartered Accountants
Wellesley House, Duke of Wellington Avenue, Royal Arsenal, London SE18 6SS
  • Home
  • Who We Are
  • What We Do
  • News and Info
  • Get In Touch