Helen & Kellie Graduation
We are very proud of Helen & Kellie who both passed their final year AAT exams. This is a picture of them in full regalia at the graduation ceremony held at Loughborough College yesterday: Any resemblance to a pair of cheshire cats is purely coincidental. They worked hard and did well. This is a formal recognition of the ability and talent they both have – and have demonstrated many times.
National Minimum Wage – October 2009 increase
We’d like to remind employers that the National Minimum Wage will increase from 1st October 2009. The new rates will be:
- For workers aged 22 and over the new minimum rate will be £5.80 per hour
- For workers aged 18 to 21 the new minimum rate will be £4.83 per hour
- For workers aged 16 and 17 the new minimum rate will be £3.57 per hour
The minimum wage has to be calculated on all hours worked by the employee so you must pay for time spent setting up before starting or clearing up when finished. There are severe penalties for employers found to be in breach of the National Minimum Wage regulations – so don’t take the risk.
Paying workers a fair rate for a job results in better employees with more commitment who stay longer. Saving a few pence per hour can often cost much more in the long run.
For more information or to discuss your payroll requirements, contact us.
September 2009 Tax Tips newsletter published
Our September 2009 Tax Tips newsletter has been published and is available to view.
It contains articles on the recently announced amnesty for taxpayers with overseas bank accounts, paying dividends, correcting VAT errors and giving shares to employees.
Why not sign up to receive our FREE newsletter straight to your Inbox as soon as it is published. We only publish about once per month so you won’t be inundated with spam – and we definitely don’t pass on any information to third parties.
