National Minimum Wage, Pension and Dividends
This article highlights the National Minimum wage from April 2018 along with changes to dividend allowance and pensions. For more information please contact the Mohammed Jaffer.
National Minimum Wage updates
The National Minimum Wage has gone up and that means young people are set to receive an average £450 pay rise per year. The hourly rate for the minimum wage depends on your age and whether you’re an apprentice.
Pensions Auto Enrolment
The law on workplace pensions has changed. Every employer with at least one member of staff now has new duties in relation to workplace pension schemes.
Pension auto enrolment solution
The government has introduced Pensions Legislation that means that all employers, regardless of size, have to automatically enrol most of their employees into a suitable pension scheme and make contributions to it.
New guidelines on call costs
From July 2015, the costs to call Non-Geographic numbers will be fully transparent providing reassurance to callers and driving overall reduction in costs to call 084 numbers.
