Janette Whitney & Associates, Business Consultants

NATIONAL MINIMUM WAGE RATES

The Government has accepted the independent Low Pay Commission’s ( LPC) recommendations for this years National Minimum Wage (NMW) rates

The following rates come into effect on 1st october 2012:

• The adult rate will ncrease by 11p to £6.19 per 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
• The rate for apprentices will increase by 5p to £2.65 per hour

For professional impartial  business advice and solutions contact Janette Whitney at Janette Whitney & Associates on 01403 733671 or email jw@whitneyassocs.co.uk.

Filed under: Finance & Cashflow | Tagged: Business advice, Business planning, Employment, finance, HM Revenue & Customs, National Minimum wage, National Minimum Wage Act 1998, small business, STAFF PAY |