Lawrence Young - inspired business thinking

Call 01256 811415 or email.

News | clientZONE | Contact Us    

CIMA - Practising Certificate Holder
Probiz accountants
AVN - changing the numbers
National Minimum Wage Rates

The National Minimum Wage (NMW) rates from 1 October 2012 are as follows:

  • the adult minimum wage rate will increase from £6.08 to £6.19 an hour
  • the rate for 18 - 20 year olds will remain at £4.98 an hour
  • the rate for 16 -17 year olds will remain at £3.68 an hour and
  • the apprentice rate will increase from £2.60 to £2.65 an hour.

HMRC are able to charge penalties to those employers found to be in breach of the NMW rules. Details of the calculation of arrears and potential penalties can be found on the BIS website.

If you have any queries on the NMW please do get in touch.

Internet links: Directgov website BIS website

PROBIZ Travel Card - The Global Travel PROBIZ MasterCard® Prepaid Card

© Lawrence Young. All rights reserved. | Help | Disclaimer | Cookie Policy | Site Map | Text Only

Follow us on twitterJoin up with us on Linked  InFind us on Facebook

powered by totalSOLUTION