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Phone: 01242 260066 | Email accountants@mitchells.org
As announced in the Autumn Statement 2016, the National Minimum Wage (NMW) and the National Living Wage (NLW) will increase from April 2017. The government accepted all of the Low Pay Commission's recommendations for the NMW, and the new hourly rates are outlined below.
*Under 19, or 19 or over and in the first year of their apprenticeship.
The government has now aligned the NMW and NLW cycles so that any future increases in rates will occur in April each year.
26 Apr 2024
HMRC has updated guidance on when tax relief is available on travel expenses for staff who work from home.
25 Apr 2024
Figures have shown that UK borrowing over the last financial year was £7.6 billion lower when compared to the year before.