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Latest News

April 2007

National Minimum Wage Increases

The new National Minimum Wage rate of £5.52 (£5.35) an hour from October 2007 has been announced. Other rates rise from £4.45 to £4.60 for 18-21 year olds, and from £3.30 to £3.40 for 16-17 year olds.

HMRC are responsible for enforcing the NMW and have recently started a programme of targeted enforcement. As reported in last months enews employers must pay the arrears or face a potential fine of £200 per employee.

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Mitchells Chartered Accountants | 41 Rodney Road | Cheltenham | Gloucestershire | GL50 1HX.
Tel: +44(0) 1242 260066 | Fax: +44 (0)1242 263707
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