We provide our clients with regular updates on changes in taxation regulation, news from the world of accounting and, of course, information about the latest developments at 1st Accounts.
The Government’s new National Living Wage is now law.
If you’re working and aged 25 or over and not in the first year of an
apprenticeship, you are legally entitled to at least £7.20 per hour. That’s an
extra fifty pence per hour. The Government is committed to increasing this every year.
If you’re an employer, you’ll need to make sure you’re paying your staff correctly, as the National Living Wage will be enforced as strongly as the current National Minimum Wage.